Voluntary Announcement – Acquisition Of 28E Capital PSG Konsult Limited (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS ISIN Code: ZAE000191417 (“PSG Konsult”) VOLUNTARY ANNOUNCEMENT – ACQUISITION OF 28E CAPITAL PSG Konsult, through its subsidiary PSG Securities Limited, has acquired the clients of 28E Capital, effective 1 April 2018. 28E Capital is a leading boutique brokerage that offers a specialised online platform to retail clients. The acquisition enables PSG Konsult to execute on its long-term strategy of growing its online trading platform. The acquisition further allows us to onboard key skills and strengthens our offering as a preferred online brokerage, ensuring we are well-positioned to meet the needs of our broader client base. The acquisition, which will be funded from existing cash resources, falls below the threshold of the categorisation of transactions which require disclosure in terms of the JSE Listings Requirements. Nevertheless, the Board of PSG Konsult deemed it appropriate to inform shareholders of the acquisition in the interests of full transparency. Although PSG Konsult follows an organic growth strategy, it will continue to make acquisitions as and when these present themselves and where they are clearly aligned to our overall objectives. Our commitment as a group remains to continue building and enhancing our capabilities to ensure we are able to act in our clients’ best long- term interests in growing and managing their wealth. Tyger Valley 1 March 2018 JSE sponsor and transaction advisor: PSG Capital Proprietary Limited NSX sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian Stock Exchange Date: 01/03/2018 10:45:00 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.