Holdsport Limited/Long4Life Limited - Excess Scheme Cash Allocation Payable To Shareholders HOLDSPORT LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/022562/06) Share code: HSP ISIN: ZAE000157046 ("Holdsport") LONG4LIFE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2016/216015/06) Share code: L4L ISIN: ZAE000243119 ("Long4Life") Excess Scheme Cash Allocation Payable To Shareholders 1. Introduction Shareholders of Holdsport and Long4Life are referred to the Circular issued on Thursday, 31 August 2017, containing details of the firm intention by Long4Life to acquire the entire issued share capital of Holdsport, net of treasury shares and Holdsport shares registered in the name of and beneficially owned by Long4Life, through a scheme of arrangement. The definitions and interpretations commencing on page 10 of the Circular have been used in this SENS announcement. 2. Excess Scheme Cash Allocation payable to Shareholders As described in the Circular, Scheme Participants were entitled to elect to receive either: - The Option A Scheme Consideration, being 12.10 Long4Life Shares per Scheme Share; or - The Option B Scheme Consideration being 11.20 Long4Life Shares and R5.00 payable in cash per Scheme Share. To the extent that certain Scheme Participants elected the Option A Scheme Consideration and not the Option B Scheme Consideration, those Scheme Participants who elected the Option B Scheme Consideration were afforded the opportunity to apply for Excess Scheme Cash. Based on the elections received, Scheme Participants who elected the Option B Scheme Consideration and applied for Excess Scheme Cash (“Excess Cash Electing Shareholders”) will receive 10.20 Long4Life Shares and R10.00 payable in cash per Scheme Share. The Cash Component of the Scheme Consideration amounts to R181.6 million comprising of the cash payable to Scheme Participants who selected the Option B Scheme Consideration, plus the Excess Scheme Cash Allocation. Excess Cash Electing Shareholders will be paid their Scheme Consideration on Wednesday, 8 November 2017 in line with the timetable set out in the finalisation announcement released on SENS on Wednesday, 18 October 2017. Cape Town / Johannesburg 7 November 2017 Financial Advisor to Long4Life Investec Bank Limited Sponsor to Long4Life The Standard Bank of South Africa Limited Sponsor to Holdsport UBS South Africa (Pty) Ltd Legal Advisor to Long4Life Edward Nathan Sonnenbergs Inc. Legal Advisor to Holdsport Cliffe Dekker Hofmeyr Date: 07/11/2017 10:49:00 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.