Resignation of the Chief Executive Officer eMEDIA HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1968/011249/06 JSE share code: EMH IZIN: ZAE000208898 JSE share code: EMN IZIN: ZAE000209524 (“eMedia Holdings” or “the Company”) RESIGNATION OF THE CHIEF EXECUTIVE OFFICER In accordance with Section 3.59 of the JSE Limited Listings requirements, eMedia Holdings shareholders are advised that the following changes have been made to the executive management of the Group and the eMedia Holdings Board of Directors: Mr Andre van der Veen has announced his resignation from his position as Chief Executive Officer of the Company and of the Board of Directors with effective from the 30th November 2018. Khalik Sherrif, current Deputy Chief Executive Officer, has been appointed to the position of Chief Executive Officer. Khalik has a range of academic qualifications including an MBA and has worked in the media industry for more than 25 years. He is the most experienced television executive within eMedia Holdings, having been with the Group for more than 15 years and has been responsible for revenue and the success of the company’s dynamic sales team. Khalik’s extensive knowledge of the changing South African media industry will continue to be of immense value as he takes over the reins from Andre. The Board thanks Andre for his positive contribution to the Company over the past year and wishes him the very best in his future endeavours. Johannesburg 28 August 2018 Sponsor: Investec Bank Limited Date: 28/08/2018 11:30:00 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.