Update in respect of the Various Transactions ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 Debt Issuer Code: ECSP (“Ecsponent” or “the Company”) UPDATE IN RESPECT OF THE VARIOUS TRANSACTIONS Shareholders are referred to the announcements released on SENS dated 29 June 2018, 26 September 2018, 31 October 2018 and 23 November 2018 and, using the terms defined therein, are advised that the posting of a circular to the Company’s shareholders in relation to the Pink Orchid Acquisition (“the Pink Orchid Circular”) is expected prior to 31 December 2018, subject to the receipt of the necessary regulatory approvals for the Pink Orchid Circular. The JSE had granted the Company an extension until 19 November 2018 for the posting of the Pink Orchid Circular, and the Company is in currently in discussions with the JSE as to the delay being experienced in the posting of the Pink Orchid Circular. Shareholders are further advised that the JSE has granted the Company an extension on the circular in relation to the Invest Solar Acquisition, the Invest Solar Underwriting and the MHMK Management Agreement until 31 January 2019, and that a circular in relation to the aforementioned transactions is accordingly expected to be posted on or before 31 January 2019. Pretoria 26 November 2018 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 26/11/2018 05:12:00 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.