Further Update Relating To The Acquisition Of The Armed Response And Monitoring Business Of Stallion Reaction CSG HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 2006/011359/06 Share code: CSG ISIN code: ZAE000184438 (“CSG” or “the Company”) FURTHER UPDATE RELATING TO THE ACQUISITION OF THE ARMED RESPONSE AND MONITORING BUSINESS OF STALLION REACTION Shareholders are referred to the SENS announcements dated 19 December 2016 (“Initial Announcement”) and 3 February 2017 relating to the acquisition of the armed response and monitoring business of Stallion Reaction (“Acquisition”). Shareholders are hereby advised that Invictus Risk Proprietary Limited, a wholly owned subsidiary of CSG, has entered into an addendum (“Addendum”) to initial agreement concluded with Stallion Reaction Proprietary Limited (“Seller”). In terms of the Addendum: - the purchase consideration payable by CSG to the Seller in respect of the Acquisition has been amended to R50 000 000 (“Purchase Consideration”); - the Purchase Consideration will now be paid by CSG on 27 February 2017(“Closing Date”); and - The effective date of the Acquisition has been amended to 1 March 2017. The Acquisition is not subject to any remaining conditions precedent. Save for as set out above the material terms of the Acquisition are as set out in the Initial Announcement. Pretoria 21 February 2017 Sponsor PSG Capital Date: 21/02/2017 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.