Extension of Time for Posting of Mosegedi Circular VISUAL INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/030975/06) (“the Company” or “Visual”) ISIN Code: ZAE000187407 Share code: VIS EXTENSION OF TIME FOR POSTING OF MOSEGEDI CIRCULAR Shareholders are referred to the announcement released on SENS on 1 March 2017 in which they were advised that Visual reached an agreement with the shareholders of Mosegedi & Associates Proprietary Limited (“Mosegedi”) for the acquisition of 50.1% of the issued share capital of Mosegedi in two phases and approval of an option by way of specific authority to issue shares for cash. Phase two of the Mosegedi acquisition is a Category 1 transaction and requires shareholder approval. Grant Thornton has been recently appointed as auditor to both Visual and Mosegedi. The annual financial statements of Mosegedi for the two years ended 28 February 2017 and 29 February 2016 have to be prepared in accordance with full International Financial Reporting Standards which information is also required for the circular to shareholders. The circular to shareholders can only be submitted to the JSE once this information has been received. Accordingly, Visual shareholders are advised that the JSE has granted the Company an extension to post the required circular until 31 May 2017. The Company will publish a further SENS announcement should there be any changes to this date. Cape Town 19 April 2017 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 19/04/2017 05:31:00 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.