Distribution of a circular to shareholders and notice of a general meeting Brainworks Limited (Incorporated in the Republic of Mauritius) (Registration number: 115883 C1/GBL) Share Code: BWZ ISIN: MU0548S00000 (“Brainworks” or “the Company”) DISTRIBUTION OF A CIRCULAR TO SHAREHOLDERS AND NOTICE OF A GENERAL MEETING Shareholders are referred to the announcement released on SENS on 13 December 2017 regarding the related party disposal of GetBucks Microfinance Bank Limited shares (“the Disposal”) and are advised that a circular containing full details in respect thereof and incorporating a notice of a general meeting, as detailed below, has been distributed today to all shareholders recorded in the Company’s share register on 23 March 2018. The Circular will also be available on the Company’s website: www.brainworkscapital.com. NOTICE OF GENERAL MEETING Notice is hereby given that a general meeting of shareholders of Brainworks will be held on Friday, 4 May 2018 at the Brainworks’ registered office, being Level 2, Alexander House, Silicon Avenue, Ebène Cybercity, 72201, Republic of Mauritius at 10:00 (GMT+4) (“General Meeting”), to consider the relevant resolutions to approve the Disposal. The salient dates and times relating to the General Meeting are set out below: 2018 Last day to trade in order to be eligible to vote in respect of the General Meeting Monday, 23 April General Meeting record date in order to vote Thursday, 26 April Forms of Proxy for the General Meeting to be lodged with the Transfer Secretaries by 10:00 CAT on Wednesday, 2 May General Meeting to be held at 10:00 CAT on Friday, 4 May The above dates and times are subject to change. Any such change will be released on SENS. Ebène, Mauritius 29 March 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 29/03/2018 03:21:00 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.