Dividend declaration Acsion Limited (Registration number 2014/182931/06) (Incorporated in the Republic of South Africa) Share code: ACS ISIN: ZAE000198289 (“Acsion” or “the Company”) DIVIDEND DECLARATION Shareholders are referred to Acsion’s summarised provisional consolidated results for the year ended 28 February 2018 released on SENS on 30 May 2018, wherein the board of directors had decided to propose a dividend of 25 cents per share for the year ended 28 February 2018 (2017: 12.5 cents). The board of directors are now in a position to confirm the declaration of a gross dividend of 25 cents per share. The dividend has been declared out of income reserves. In compliance with the requirements of Strate, the Company has determined the following salient dates for the payment of the dividend: Last day to trade cum dividend: Tuesday, 17 July 2018 Shares commence trading ex-dividend: Wednesday, 18 July 2018 Record date: Friday, 20 July 2018 Payment date: Monday, 23 July 2018 Shares may not be rematerialised or dematerialised from Wednesday, 18 July 2018 to Friday, 20 July 2018, both days inclusive. The dividend is subject to dividends tax at 20%. The net dividend amount is 20.00 cents per share for shareholders who are not exempt from dividend tax. The amount of shares in issue at the date of this declaration is 394 959 976 and the company's tax reference number is 9794017161. 1 June 2018 Sponsor Nedbank Corporate and Investment Banking Date: 01/06/2018 10:46:00 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.