YYLBEE - Fulfilment of conditions precedent and special dividend finalisation announcement YeboYethu (RF) Limited (Incorporated in the Republic of South Africa) (Registration number: 2008/014734/06) ISIN: ZAE000218483 Share code: YYLBEE ("YeboYethu” or the “company”) FULFILMENT OF GENERAL TRANSACTION CONDITIONS AND SPECIAL DIVIDEND FINALISATION ANNOUNCEMENT 1. Introduction Shareholders are referred to the various announcements released on SENS and the circular to shareholders dated 18 July 2018, containing full details of the BEE transaction between Vodacom Group Limited (“Vodacom”) and YeboYethu (the “BEE transaction”), copies of which can be found on the YeboYethu website at http://www.yeboyethu.co.za (the “BEE circular”). Terms defined in the BEE circular will, unless otherwise indicated, have the same meaning in this announcement. 2. Fulfilment of General Transaction Conditions The general transaction conditions upon which the commencement of the implementation of the BEE transaction was conditional have now been fulfilled/waived and, as such, the BEE transaction will begin to be implemented in accordance with the timetable set out in paragraph 3 below. 3. BEE transaction and special dividend timetable Shareholders are advised that the relevant dates pertaining to the BEE transaction and special dividend have been amended and the new dates are set out in the table below: 2018 Last day to trade in order to be eligible to receive the special Thursday 6 September dividend YeboYethu ordinary shares trade ex-special dividend Friday 7 September First implementation day on or about Tuesday 11 September Conversion of YeboYethu N shares Tuesday 11 September Issue of additional YeboYethu ordinary shares Tuesday 11 September Special dividend record date Tuesday 11 September YeboYethu issues class A preference shares, and class B Friday 14 September preference shares Special dividend payment date Friday 14 September No dematerialisation or rematerialisation of share certificates will be allowed during the period Friday 7 September 2018 to Tuesday 11 September 2018. Midrand 30 August 2018 Transaction sponsor to YeboYethu Absa Corporate and Investment Bank, a division of Absa Bank Limited 1 Date: 30/08/2018 04:16:00 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.