eXtract GROUP LIMITED - Update on debt repayment and functions of the board

Update on debt repayment and functions of the board

EXTRACT GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
JSE share code: EXG       ISIN: ZAE000246013
("eXtract")


UPDATE ON DEBT REPAYMENT AND FUNCTIONS OF THE BOARD


Shareholders are referred to the announcements released on SENS (the last of which was released on
23 February 2018) regarding the restructure of eXtract and the disposal of excess assets by eXtract. eXtract
is pleased to inform shareholders that eXtract has repaid all debt owed by eXtract to enX Group Limited. Save
for creditors in the ordinary course of business, eXtract no longer has any external debt.

Shareholders are referred to the announcement released on SENS on 3 May 2018 wherein shareholders were
advised that until 30 June 2018 Jannie Serfontein would be employed as chief executive officer and financial
director. Shareholders are advised that Jannie Serfontein will continue to be employed as chief executive
officer and financial director for the foreseeable future.

23 July 2018


Sponsor
Java Capital

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