Trading statement in respect of the year ended 30 September 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 YEAR ENDED 30 SEPTEMBER 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 year ended 30 September 2018: Guidance for the year ended Guidance for the year ended Year ended 30 September 2018 30 September 2018 30 September 2017 (Expected number range) (Expected percentage range (Audited) increase) Basic and headline earnings R670m to R692m 21% to 25% R555m Basic EPS and HEPS 109.9 cents to 113.5 cents 18% to 22% 92.8 cents Core headline earnings (1) R670m to R692m 16% to 20% R577m Core HEPS (1) 109.9 cents to 113.5 cents 14% to 18% 96.4 cents 1. Core headline earnings and core HEPS for the 2017 financial year exclude once off acquisition costs of R22m incurred during that year. Management regard core headline earnings and core HEPS as the most relevant measure of performance. Transaction Capital’s results for the year ended 30 September 2018 are expected to be released on SENS on or about Tuesday, 20 November 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 14 November 2018 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14/11/2018 05:32:00 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.