Fairness Opinion on the Acquisition of Foursight Holdings Limited and its Subsidiaries 4SIGHT HOLDINGS LIMITED (Incorporated in the Republic of Mauritius) (Registration number: C148335 C1/GBL) (“4Sight Holdings” or “the Company”) ISIN Code: MU0557S00001 JSE Code: 4SI FAIRNESS OPINION ON THE ACQUISITION OF FOURSIGHT HOLDINGS LIMITED AND ITS SUBSIDIARIES Shareholders are referred to the announcement released on SENS on 1 February 2018 relating to the acquisition of the entire issued share capital and loan account claims of the Foursight South Africa group with effect from 1 January 2018, which required a fairness opinion in terms of the JSE Listings Requirements. Shareholders are advised that a fairness opinion has been prepared by Arbor Capital Sponsors Proprietary Limited, who have concluded that the terms of the transactions are fair. As required in terms of paragraph 10.7(b) of the JSE Listings Requirements, the board of 4Sight hereby confirms that it is of the opinion that the transactions are fair insofar as shareholders are concerned, having had regard to the fairness opinion. The fairness opinion will be open for inspection at the registered office of the Company (Level 3, Alexander House, 35 Cybercity, Ebene, 7220, Mauritius) for a period of 28 days from the date of this announcement. Mauritius 28 February 2018 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 28/02/2018 04:12:00 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.