Notification in terms of Section 122(3) of the Companies Act and Section 3.83(B) of The JSE Listings Requirements Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 Registration number: 2008/011165/06 (“Novus Holdings”, “the Company” or “the Group”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”) and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Novus Holdings has received formal notification in the prescribed form that H4 Collective Investments (RF) (Pty) Ltd acting on behalf of the H4 Qualified Investor Hedge Fund Scheme in respect of the Value Active PFP H4 QI Hedge Fund (“VCP through its Fund”), has acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by VCP through its Fund is 5.75% of the total issued share capital of the Company. Value Capital Partners (Pty) Ltd (“VCP”) are the advisors to Peregrine Fund Platform (Pty) Ltd, the registered Fund investment manager. As required in terms of section 122(3)(a) of the Act, Novus Holdings has filed the required notice with the Takeover Regulation Panel. Cape Town 26 September 2017 Sponsor: Investec Bank Limited Date: 26/09/2017 12:05:00 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.