Finalisation announcement in respect of the specific repurchase Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/011858/06 JSE share code: NCS ISIN code: NA0009123481 (“Nictus” or “the Company”) FINALISATION ANNOUNCEMENT IN RESPECT OF THE SPECIFIC REPURCHASE Nictus shareholders are referred to the circular distributed to Nictus shareholders on Tuesday, 25 September 2018 (“Circular”) and to the announcement published on the Securities Exchange News Service of the JSE Limited on Wednesday, 24 October 2018 relating to the results of the Nictus special general meeting that was held on that day. The Circular set out the details for the proposed specific repurchase of 12 826 440 ordinary shares (“Repurchase Shares”) from Nictus Holdings Limited, a related party (“Repurchase”). Nictus shareholders are advised that all the conditions precedent to the Repurchase as set out in the Circular have been fulfilled and, therefore, the Repurchase has become unconditional. The expected implementation date of the Repurchase is Monday, 12 November 2018 and the expected cancellation date of the Repurchase Shares is Monday 12 November 2018. Randburg 8 November 2018 Sponsor on the JSE and Legal Advisor KPMG Services Proprietary Limited Independent Expert BDO Corporate Finance Proprietary Limited Reporting accountant to Nictus KPMG Inc. Date: 08/11/2018 11:00:00 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.