Transaction in own shares Tiso Blackstar Group SE (Incorporated in England and Wales) (Company number SE 110) (registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10) LSE Ticker: TBGR JSE Share code: TBG ISIN: GB00BF37LF46 (“Tiso Blackstar” or the “Company”) Transaction in own shares Tiso Blackstar shareholders are advised that on 12 April 2018 the Company purchased 5,785 Tiso Blackstar ordinary shares of €0.76 each (the “Shares”) at an average price of R4.70 (£0.28) per share. The purchased Shares are expected to be held in treasury in accordance with applicable law. The number of Shares purchased represents 0.0021% of the total shares in issue. The Company has a total of 272,307,233 ordinary shares in issue, of which 472,830 are non-voting treasury shares and 6,887,236 are held under the Management Incentive Scheme (“MIS”). The shares held by the MIS are disclosed as treasury shares for accounting purposes, however they have been committed to meeting the Company’s obligations to participants under the MIS and the participants have the right to vote the shares. Based on this accounting basis, there are a total of 7,360,066 treasury shares. The total number of voting rights in the Company is therefore 271,834,403 (“Voting Rights Figure”). The Voting Rights Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA's Disclosure and Transparency Rules. Tiso Blackstar confirms that, following the awards above, the Concert Party, as defined in the circular posted to shareholders dated 26 May 2017, now holds 34,1282% of the Company's total voting rights. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. London 13 April 2018 For further information, please contact: Tiso Blackstar Group SE Leanna Isaac +44(0) 20 7887 6017 Northland Capital Partners Limited Tom Price/Jamie Spotswood +44(0) 20 3861 6625 JSE Sponsor: One Capital Sholto Simpson +27(0) 11 550 5000 Date: 13/04/2018 11:15:00 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.