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EOH HOLDINGS LIMITED - News Website Retracts False Article and Apologises to EOH

Release Date: 18/04/2018 08:15
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News Website Retracts False Article and Apologises to EOH

EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(“EOH” or “the Company”)


NEWS WEBSITE RETRACTS FALSE ARTICLE AND APOLOGISES TO EOH


Yesterday, a little-known news website retracted and removed an article it published online over the
weekend. The news website also provided an unconditional written retraction and apology to EOH for the
reference made to the Company in the article. Furthermore, it conceded that its anonymous source, on
which the content of this article was based, was misleading and false.

The above article was reused by a mainstream publication, who failed to verify the facts or the source. Later
the same day, the mainstream publication removed the article from its website, acknowledging that the
source lacked credibility. This article was also copied by other publications and EOH expects that these
publications will also retract and apologise, where necessary.

EOH is a proudly South African company, built from the ground up and grown into the largest technology
business in Africa. The group has a strong value system, guided by a clear purpose and business philosophy
and is an ethical and relevant force for good in our society. Over the last 12 months, EOH has been
subjected to a number of fabricated or false stories, which has caused significant harm to all stakeholders,
and in particular EOH’s investors.

South Africa has a strong, independent media which has made a significant contribution towards the
strengthening of our democracy. EOH calls on all players in the media industry to exercise due care in
publishing false and defamatory articles, in particular relating to publicly-listed companies. We also call on
the investor community to exercise caution in reacting to unverified news and to validate the reputation of the
media house publishing the news.


For media queries contact media@eoh.com

Johannesburg
18 April 2018

Sponsor
Merchantec Capital

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