ADvTECH Acquires Top Kenya School Group, Further Grows East Africa Offering ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) ADvTECH ACQUIRES TOP KENYA SCHOOL GROUP, FURTHER GROWS EAST AFRICA OFFERING ADvTECH continues to grow its position as the leading provider of quality private education in Africa, with the announcement of its further expansion into Kenya and Uganda. The acquisition adds 9 schools, 5 campuses, boarding facilities and approximately 4100 students to its portfolio. ADvTECH’s expansion follows the acquisition by the group of Scholé Ltd, which has managed various schools throughout Sub-Saharan Africa since 2012. Structures are in place to expand into the rest of Africa and to further explore opportunities with various schools in the region. The acquisition will strive to acquire schools across the continent and build a network of institutions known for their academic excellence in the mid-fee segment. In Kenya, ADvTECH is acquiring, subject to the fulfilment of conditions, the prestigious Makini group of schools, founded in 1978 by the highly acclaimed Dr Mary Okelo. Makini is well-known for unparalleled academic excellence in the region, has 8 schools on 4 campuses in Nairobi and Kisumu and caters to 3200 students from Kindergarten to Grade 12. In Uganda, the partners will continue to manage Kisubi High School, a co-ed mid-fee boarding school in Kampala, which provides a child-centred learning experience for its more than 900 students. Scholé has managed the school since 2015. Douglas says it was important to identify partners who know and understand the local markets, with extensive experience in operating schools throughout East Africa. “We have been diligent in our investigations to ensure we find the right business partners who can help us sustainably grow our mid-fee offering, to increase access to affordable education in the rest of Africa without compromising on quality or academic excellence,” he says. “As a result, we are confident that we have assembled the best team possible, with an unparalleled track record in the management of schools, improvement strategies and expansions throughout Africa.” Johannesburg 3 April 2018 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 03/04/2018 11:28:00 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.