Exercise Of Early Redemption Option Notice - COH002 Curro Holdings Limited Incorporated in the Republic of South Africa (Registration number: 1998/025801/06) Stock Code: COH002 ISIN Code: ZAG000114943 (“Curro” or “the Company” or “the Issuer”) EXERCISE OF EARLY REDEMPTION OPTION NOTICE On 15 April 2014 Curro issued ZAR125,000,000 Senior Secured Floating Rate Notes (“COH002”) due 15 April 2019 (“Maturity Date”), pursuant to the terms and conditions contained in the Applicable Pricing Supplement (“Applicable Pricing Supplement”) dated on or about 15 April 2014, read together with the terms and conditions contained in the programme memorandum dated 18 November 2013 (“Programme Memorandum”), pursuant to the ZAR2,000,000,000 Domestic Medium Term Note Programme established by Curro Holdings Limited. This notice is delivered by Curro to each holder of COH002 Notes (“Noteholders”), issued under the Programme Memorandum in accordance with Condition 11.3 (Redemption at the Option of the Issuer), read with Condition 19 (Notices) of the section headed “Terms and Conditions of the Notes” in the Programme Memorandum, for purposes of notifying Noteholders of the Issuer exercising its option (call option) for early redemption of the COH002 Notes on 15 October 2017 at the face value thereof, together with any interest accrued thereon up until that date. There will be no COH002 Notes outstanding after this redemption. Dated 4 September 2017 Debt Sponsor: PSG Capital Proprietary Limited For further information contact: PSG Capital Proprietary Limited: Willie Honeyball Date: 04/09/2017 04:50:00 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.