Distribution of a circular and notices of general meetings ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 ("the Company" or "Ecsponent") Series 1 Class A Preference Shares Series 2 Class A Preference Shares Series 3 Class A Preference Shares JSE Code: ECSP1 JSE Code: ECSP4 JSE Code: ECSP7 ISIN: ZAE000196317 ISIN: ZAE000202495 ISIN: ZAE000210480 Series 4 Class A Preference Shares Series 5 Class A Preference Shares JSE Code: ECSP10 JSE Code: ECSP13 ISIN: ZAE000217196 ISIN: ZAE000244844 (Collectively “Class A Preference Shares”) Series 1 Class B Preference Shares Series 2 Class B Preference Shares Series 3 Class B Preference Shares JSE Code: ECSP2 JSE Code: ECSP5 JSE Code: ECSP8 ISIN: ZAE000196309 ISIN: ZAE000202503 ISIN: ZAE000210498 Series 4 Class B Preference Shares Series 5 Class B Preference Shares Series 6 Class B Preference Shares JSE Code: ECSP11 JSE Code: ECSP14 JSE Code: ECSP17 ISIN: ZAE000214441 ISIN: ZAE000221362 ISIN; ZAE000229878 Series 7 Class B Preference Shares Series 8 Class B Preference Shares Series 9 Class B Preference Shares JSE Code: ECSP20 JSE Code: ECSP23 JSE Code: ECSB9 ISIN: ZAE000241717 ISIN: ZAE000246112 ISIN: ZAE000250049 (Collectively “Class B Preference Shares”) Series 1 Class C Preference Shares Series 2 Class C Preference Shares Series 3 Class C Preference Shares JSE Code: ECSP3 JSE Code: ECSP6 JSE Code: ECSP9 ISIN: ZAE000196291 ISIN: ZAE000202511 ISIN: ZAE000210506 Series 4 Class C Preference Shares Series 5 Class C Preference Shares Series 6 Class C Preference Shares JSE Code: ECSP12 JSE Code: ECSP15 JSE Code: ECSP18 ISIN; ZAE000218525 ISIN; ZAE000222501 ISIN; ZAE000231205 Series 7 Class C Preference Shares Series 8 Class C Preference Shares JSE Code: ECSP21 JSE Code: ECSP24 ISIN: ZAE000241725 ISIN: ZAE000246757 (Collectively “Class C Preference Shares”) DISTRIBUTION OF A CIRCULAR AND NOTICES OF GENERAL MEETINGS DISTRIBUTION OF A CIRCULAR In order to provide for the voluntary redemption of the Class A, Class B and Class C Preference Shares by the Company, it is proposed that Schedule 2 of the Memorandum of Incorporation of the Company be amended. Accordingly a circular, setting out the details thereof and containing notices of general meetings of Ordinary Shareholders and Class A, Class B and Class C Preference Shareholders (“Preference Shareholders”), will be posted to Ordinary and Preference Shareholders (“Shareholders”) registered as such on Friday, 29 September 2017, today (“the Circular’). NOTICES OF GENERAL MEETINGS Notice is hereby given that: • a general meeting of Ordinary Shareholders will be held at 10:00; and • general meetings of the Preference Shareholders will be held from 10:30 onwards (or commencing immediately after the conclusion of the general meeting of Ordinary Shareholders), at the Company’s new offices at Fintech Campus, Corner of Botterklapper and Ilanga Streets, The Willows, Pretoria East on Thursday, 2 November 2017 (”General Meetings”) The salient dates and times relating to the General Meetings are set out below: 2017 Last day to trade in order to be eligible to vote in respect of the Tuesday, 24 October General Meetings General Meetings record date in order to vote Friday, 27 October General Meeting of Ordinary Shareholders to be held at 10:00 Thursday, 2 November on General Meetings of Preference Shareholders to be held from Thursday, 2 November 10:30 onwards (or commencing immediately after the General Meeting of Ordinary Shareholders) on Results of General Meetings released on SENS on Thursday, 2 November Pretoria 4 October 2017 Sponsor and Corporate Adviser Questco (Pty) Ltd Date: 05/10/2017 07:05:00 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.