Notification in terms of Section 122(3) of the Companies Act & Section 3.83(b) of the JSE Listing Requirements Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 (“Novus Holdings”, “the Company” or “the Group”) NOTIFICATION IN TERMS OF SECTION 122 (3) OF THE COMPANIES ACT AND SECTION 3.83 (b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122 (3) (b) of the Companies Act, No 71 of 2008 (“the Act”) and section 3.83 (b) of the JSE Listings Requirements, shareholders are hereby advised that Novus Holdings Limited has received formal notification in the prescribed form that Value Capital Partners (Pty) Ltd (“VCP”) who are the advisors to Peregrine Fund Platform (Pty) Ltd, the registered fund investment manager for various funds advised by VCP (“VCP through its Funds”), has acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by VCP through its Funds is 10.72% of the total issued ordinary shares of the Company. As required in terms of section 122 (3) (a) of the Act, Novus Holdings has filed the required notice with the Takeover Regulation Panel. Cape Town 22 December 2017 Sponsor: Investec Bank Limited Date: 22/12/2017 12:00:00 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.