enX GROUP LIMITED - Cautionary Announcement

Cautionary Announcement

ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2001/029771/06)
JSE share code: ENX         ISIN: ZAE000222253
(“enX” or “the Company”)

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the board of enX (“the Board”) has completed a strategic review
of its ownership interest in its fleet management business, Eqstra Fleet Management and
Logistics (“EFML”). As a consequence, the Board believes that EFML may be better suited
under a different structure so as to optimise EFML’s value proposition.

Accordingly, enX has commenced a process which may result in the divestment of EFML in
whole or in part and which if successfully concluded, may have a material effect on the price
of enX securities. Shareholders are advised to exercise caution when dealing in enX securities
until a further announcement in this regard is made.

Johannesburg
21 October 2018

Sponsor
The Standard Bank of South Africa Limited

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