Posting of circular and notice of special general meeting Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/011858/06 JSE share code: NCS ISIN code: NA0009123481 (“Nictus” or “the Company”) POSTING OF CIRCULAR AND NOTICE OF SPECIAL GENERAL MEETING Nictus shareholders are referred to the announcement dated 28 August 2018 (“Announcement”) which set out the details for the proposed specific repurchase of 12 826 440 ordinary shares from Nictus Holdings Limited, a related party (“Repurchase”). Nictus shareholders are advised that the circular, incorporating a notice convening a special general meeting of Nictus Shareholders to approve the special and ordinary resolutions required to implement the Repurchase (“Special General Meeting”) was distributed to Nictus Shareholders today. The Special General Meeting will take place at 11h00 A.M. on Wednesday, 24 October 2018. Copies of the circular may be obtained in English only at the Company’s registered office and KPMG’s offices during normal business hours from Tuesday, 25 September 2018 until Wednesday, 24 October 2018. The salient dates and times included in the Announcement remain unchanged. Randburg 25 September 2018 Sponsor on the JSE and Legal Advisor KPMG Services Proprietary Limited Independent Expert BDO Corporate Finance Proprietary Limited Reporting accountant to Nictus KPMG Inc. Date: 25/09/2018 10:14:00 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.