Holdsport/Long4Life - Update on timing of the implementation of Holdsport Scheme HOLDSPORT LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/022562/06) Share code: HSP ISIN: ZAE000157046 ("Holdsport") LONG4LIFE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2016/216015/06) Share code: L4L ISIN: ZAE000243119 ("Long4Life") UPDATE ON TIMING OF THE IMPLEMENTATION OF THE HOLDSPORT SCHEME Shareholders of Holdsport and Long4Life (“Shareholders”) are referred to the circular (“Scheme Circular”) containing details of the firm intention by Long4Life to acquire the entire issued share capital of Holdsport, net of treasury shares and Holdsport shares registered in the name of and beneficially owned by Long4Life (the “Proposed Transaction”), through a scheme of arrangement. Shareholders are advised that certain conditions precedent, in particular the South African Competition Commission approval, as set out in the Scheme Circular (“Remaining Conditions Precedent”), have not yet been fulfilled. Accordingly, the indicative timing of the implementation of the Proposed Transaction will be delayed to accommodate the fulfilment of the Remaining Conditions Precedent. A finalisation announcement will be released on SENS and published in the South African press notifying Shareholders once the Remaining Conditions Precedent have been met as well as providing Shareholders with the updated salient dates and times for the implementation of the Proposed Transaction. Cape Town / Johannesburg 10 October 2017 Financial Advisor to Long4Life Investec Bank Limited Sponsor to Long4Life The Standard Bank of South Africa Limited Sponsor to Holdsport UBS South Africa (Pty) Ltd Legal Advisor to Long4Life Edward Nathan Sonnenbergs Inc. Legal Advisor to Holdsport Cliffe Dekker Hofmeyr Competition legal advisor Baker McKenzie Date: 10/10/2017 04:30:00 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.