Cautionary Announcement EXTRACT GROUP LIMITED (previously Eqstra Holdings Limited) (Incorporated in the Republic of South Africa) (Registration number 1998/011672/06) JSE share code: EXG ISIN: ZAE000223202 (“eXtract” or “the Company”) CAUTIONARY ANNOUNCEMENT On 8 October 2017 the Company received an unsolicited proposal from Wild Rose Capital Proprietary Limited (“Wild Rose”) in terms of which Wild Rose proposes selling one or more of its portfolio investments to the Company in consideration for the issue of eXtract shares. Wild Rose will become a shareholder of eXtract following the unbundling by enX Group Limited ("enX") of its eXtract shares to enX shareholders as announced on 3 October 2017. Wild Rose has informed the Company that it, together with parties with whom it is acting in concert, will post the unbundling, in aggregate hold circa 20% of eXtract’s issued shares. The transaction, if implemented, is likely to result in new executives being appointed to the eXtract board and a change in the strategic direction of the Company. If implemented, the transaction (i) may trigger a mandatory offer by the new controlling shareholder/s to the Company’s remaining shareholders (ii) may constitute a related party transaction in terms of section 10 of the JSE Limited Listings Requirements, (iii) may constitute a reverse takeover of the Company. The board of directors of the Company is engaging with Wild Rose on the proposal. Shareholders are advised to exercise caution in dealing in the Company’s shares pending a further announcement. 10 October 2017 Sponsor Legal advisor to eXtract Java Capital enS Africa Date: 10/10/2017 09:35:00 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.