Extract Group Ltd/ENX Group Ltd - Fulfillment of conditions precedent to the restructure EXTRACT GROUP LIMITED ENX GROUP LIMITED (previously Eqstra Holdings Limited) (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) (Registration number 2001/029771/06) (Registration number 1998/011672/06) JSE share code: ENX ISIN: ZAE000222253 JSE share code: EXG ISIN: ZAE000223202 (“enX”) (“eXtract”) FULFILLMENT OF CONDITIONS PRECEDENT TO THE RESTRUCTURE Shareholders are referred to the announcements released on SENS relating to, inter alia, the restructure and recapitalisation of eXtract (the “restructure”) the last of which announcements was released on SENS on 12 September 2017. enX and eXtract are pleased to inform shareholders that all conditions precedent to the restructure have been fulfilled and the restructure will now be implemented. Upon the implementation of steps 1 – 5 of the restructure (as detailed in the circulars issued to enX and eXtract shareholders on 11 July 2017) being implemented a finalisation announcement in respect of the unbundling and distribution by enX of 3 861 041 279 eXtract shares to enX shareholders in the ratio of 21.39799 eXtract shares will be released on SENS by enX. 28 September 2017 Sponsor to enX and eXtract Joint corporate advisor to eXtract Corporate advisor to enX BSM Black Joint corporate advisor to eXtract Java Capital Legal advisor to enX and eXtract enS Africa Date: 28/09/2017 12:00:00 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.