Trading statement in respect of the half year ended 31 March 2018 Transaction Capital Limited (Incorporated in the Republic of South Africa) Registration number: 2002/031730/06 JSE share code: TCP ISIN: ZAE000167391 Tax reference number: 9466/298/15/6 (“Transaction Capital” or “the Company”) TRADING STATEMENT IN RESPECT OF THE HALF YEAR ENDED 31 MARCH 2018 The board advises shareholders that Transaction Capital’s basic earnings, basic earnings per share (“EPS”), headline earnings, headline earnings per share (“HEPS”), core headline earnings and core HEPS are expected to be within the following ranges for the half year ended 31 March 2018: Guidance for the half year Guidance for the half year Half year ended ended ended 31 March 2017 31 March 2018 31 March 2018 (Unaudited) (Expected number range) (Expected percentage range) Core headline earnings1 R305m to R315m 20% to 24% R254m Core HEPS1 49.8 cents to 51.5 cents 15% to 19% 43.3 cents Basic and headline earnings R305m to R315m 31% to 36% R232m Basic EPS and HEPS 49.8 cents to 51.5 cents 26% to 30% 39.5 cents 1. Core financial ratios exclude once-off acquisition costs of R22 million incurred during the 2017 financial year Transaction Capital’s results for the half year ended 31 March 2018 are expected to be released on SENS on Wednesday, 16 May 2018. The financial information on which this trading update is based has not been reviewed and reported on by the Company’s external auditors. Dunkeld West 10 May 2018 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 10/05/2018 02:54:00 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.