No Change Statement and Notice of Annual General Meeting ISA Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/009608/06) Share code: ISA ISIN: ZAE000067344 (“ISA” or “the Company” or “the Group”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that ISA’s Integrated Annual Report for the year ended 28 February 2018 was distributed to shareholders today, 25 June 2018 and is available on the Company’s website, www.isaholdings.co.za. The Integrated Annual Report contains no modifications to the provisional reviewed condensed annual results published on SENS on 29 May 2018. The annual financial statements were audited by the Company’s auditors, Mazars, and their unmodified report is available for inspection at ISA’s registered office. Notice is hereby given to the shareholders of the Company that the Annual General Meeting of the Company will be held at 10:00 at the Company’s registered office situated at Block 9, Pinewood Office Park, 33 Riley Road, Woodmead, Sandton, on Wednesday, 25 July 2018, to transact the business as stated in the notice of the Annual General Meeting, which is contained in the Integrated Annual Report. The record date in terms of section 59 of the Companies Act for shareholders to be recorded on the securities register of the Company in order to be able to attend, participate in and vote at the Annual General Meeting is Friday, 20 July 2018. Accordingly, the last day for shareholders to trade in order to be able to attend, participate in and vote at the Annual General Meeting is Tuesday, 17 July 2018. Johannesburg 25 June 2018 Designated Adviser Merchantec Capital Date: 25/06/2018 02:30:00 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.