Dealings by associates of directors and notice of change on interest in shareholding SASFIN HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/002097/06) Share Code: SFN ISIN Number: ZAE000006565 Preference Share Code: SFNP ISIN Number: ZAE000060273 (“Sasfin” or “the Company”) SALE AND ACQUISITION OF SECURITIES BY ASSOCIATES OF DIRECTORS AND DISCLOSURE OF A DISPOSAL OF SECURITIES IN TERMS OF SECTION 122 OF THE COMPANIES ACT 1. Sale and acquisition of securities by associates In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following sale and acquisition of securities by associates of directors: Names of directors: Mr RDEB Sassoon (Chief Executive Officer) Mr MEE Sassoon (Executive Director) Name of company: Sasfin Holdings Limited Names of associates and relationship - Unitas Enterprises Limited (“Unitas”), a wholly with directors: owned company of The Erwin Discretionary Settlement Trust of which each of Mr RDEB Sassoon and Mr MEE Sassoon are discretionary beneficiaries; and - Rolbase Investments Proprietary Limited (“Rolbase”), a wholly owned company of The Sassoon Children’s Trust of which Mr RDEB Sassoon is a trustee and a discretionary beneficiary and Mr MEE Sassoon is a discretionary beneficiary Date of transactions: 18 October 2017 Nature of transactions: An off-market disposal of Sasfin ordinary shares by Unitas to Rolbase Class of securities: Ordinary shares Number of ordinary shares: 775 852 ordinary shares Disposal/acquisition price per ordinary R51.90 share: Value of the ordinary shares R40 266 718.80 sold/acquired: Nature of interest of the respective An indirect discretionary interest directors: Clearance obtained: Not applicable as each of the acquisition and disposal was effected by an associate of the directors 2. Disclosure of a disposal of securities in terms of section 122 of the Companies Act In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal notification in the prescribed form that Unitas Enterprises Limited has disposed of an interest in the securities of the Company (“Disposal”). Following the Disposal, the total direct interest in the securities of the Company held by Unitas has decreased from 41.1% to 38.7% of the total issued share capital of the Company and the direct interest in the securities held by Rolbase has increased from 7.3% to 9.7% of the total issued share capital of the Company. Johannesburg 24 October 2017 Lead Sponsor to Sasfin Sasfin Capital (a member of the Sasfin group) Independent Sponsor to Sasfin Deloitte & Touche Sponsor Services (Pty) Ltd Date: 24/10/2017 11:11:00 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.