Prescient/Stellar Capital - Results of Settlement and Application of Prescient Distribution Prescient Limited Stellar Capital Partners Limited Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa Registration number: 1936/008278/06 Registration number 1998/015580/06 Share Code: PCT ISIN: ZAE000163531 Share code: SCP ISIN: ZAE000198586 ("Prescient") (“Stellar Capital”) RESULTS OF SETTLEMENT AND APPLICATION OF PRESCIENT DISTRIBUTION Further to the announcements released on SENS on 28 October 2016 (and using the terms defined therein and the Circular posted to Prescient Shareholders), 21 February 2017 and 3 March 2017, Prescient and Stellar Capital shareholders are hereby notified that the settlement of the Prescient Distribution and the allotment of the PFH Consideration Shares and Stellar Capital Consideration Shares have been completed. Accordingly, Stellar Capital has established a 48.82% shareholding in PFH. The Scheme Participants that elected to reinvest in PFH, which include PFH management, now hold 41.18% of PFH and the remaining 10% of PFH is held by the Prescient Empowerment Trust Proprietary Limited. Cape Town 10 March 2017 Sponsor to Prescient: Merchant bank and sponsor to Stellar Capital: Bridge Capital Advisors Proprietary Limited RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 10/03/2017 09:30:00 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.