Notification in terms of s122(3) of the Act and s3.83(b) of JSE Listings Requirements and dealings by associates JASCO ELECTRONICS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1987/003293/06) Share Code: JSC ISIN: ZAE000003794 ("Jasco" or “the group”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THEJSE LISTINGS REQUIREMENTS AND DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS 1. 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, 71 of 2008 ("the Act"), and section3.83(b) of the JSE Limited Listings Requirements, holders of ordinary shares in Jasco are referred to the announcement released on SENS on 1 June 2018 and are further advised that CIH Projects Proprietary Limited, increased its beneficial interest in the ordinary shares of Jasco ("the securities"), such that it’s beneficial interests of the securities of the Company amounts to 19.3% of the total number of shares in issue. Afrocentric Investment Corporation Limited decreased its beneficial interest in the ordinary shares of Jasco ("the securities"), such that it’s beneficial interests of the securities of the Company amounts to 0% of the total number of shares in issue. Jasco hereby confirms that it has received the required notices from both CIH Projects Proprietary Limited and Afrocentric Investment Corporation Limited in terms of section 122(3) (a) of the Act and that Jasco has filed the required notices with the Takeover Regulation Panel. 2. Dealings in securities by associates of directors In accordance with the requirements of paragraph 3.63 to 3.74 of the Listings Requirements of the JSE Limited (“JSE”), shareholders are also advised of the following dealings in Jasco securities by associates of non-executive directors of the company: Name of company : Jasco Electronics Holdings Limited Name of director : Dr ATM Mokgokong (non-executive Chairman) Name of associate CIH Projects Proprietary Limited, a subsidiary of Community Investment Holdings (Pty) Limited where Dr Mokgokong is a co-founder and executive chairman Class of securities : Jasco Ordinary shares Nature of transactions : An off-market purchase of shares Nature of interests : Indirect Beneficial Date of transaction : 1June 2018 No of shares : 22 131 897 Purchase price : 72.2938 cents per share Value of transaction : R16 000 000 Name of director : Mr MJ Madungandaba (non- executive Deputy Chairman) Name of associate : CIH Projects Proprietary Limited, a subsidiary of Community Investment Holdings (Pty) Limited where Mr MJ Madungandaba is a co-founder Class of securities : Jasco Ordinary shares Nature of transactions : An off-market purchase of shares Nature of interests : Indirect Beneficial Date of transaction : 1June 2018 No of shares : 22 131 896 Purchase price : 72.2938 cents per share Value of transaction : R16 000 000 Clearance to trade has been obtained in terms of section 3.66 of the JSE Listings Requirements. Midrand 5 June 2018 Sponsor Grindrod Bank Limited Date: 05/06/2018 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.