Distribution of Circular and Notice of Section 60 Resolution ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 ("the Company" or "Ecsponent") DISTRIBUTION OF CIRCULAR TO SHAREHOLDERS AND NOTICE OF SECTION 60 RESOLUTION FOR THE AMENDMENT OF THE COMPANY’S MEMORANDUM OF INCORPORATION Shareholders are advised that the board of directors of the Company (the “Board”) has proposed certain amendments to the Company’s memorandum of incorporation (“MOI”), including, inter alia, certain amendments to the terms of the Company’s Class D, Class E, Class F and Class G Preference Shares. In order for Ecsponent to implement the proposed amendments, shareholders are advised that the Board has resolved to submit to shareholders for their consideration and approval, certain special and ordinary resolutions by written consent in terms of section 60 of the Companies Act, 2008. A circular setting out the proposed amendments, together with the proposed resolutions (“the Circular”), has been distributed to shareholders on Thursday, 03 August 2017. The deadline for approval of the resolutions is Thursday, 07 September 2017. A copy of the Circular is available on the Company’s website (www.ecsponentlimited.com). The last day to trade and record date for determining which shareholders are entitled to vote on the proposed resolutions was Tuesday, 25 July 2017 and Friday, 28 July 2017, respectively. Pretoria 04 August 2017 Sponsor and Corporate Advisor Questco (Pty) Ltd Date: 04/08/2017 10:16:00 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.