Supreme Court of Appeal Ruling Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 (“Novus Holdings”, “the Company” or “the Group”) Supreme Court of Appeal Ruling Shareholders are advised that the Supreme Court of Appeal (“SCA”) on Tuesday, 20 November 2018 set aside the order of the court a quo by declaring the Department of Basic Education's award of the contract for the printing and distribution of school workbooks to the Lebone Novus UTi Consortium constitutionally invalid. The parties will study the implications of the judgment in detail before deciding on any action in this regard. It should be noted however that the judgement preserves the Consortium’s right to continue to print and distribute the school workbooks in terms of the contract until the end of its original term being 31 March 2020. For and on behalf of the Board. Cape Town 21 November 2018 Sponsor: Investec Bank Limited Date: 21/11/2018 05:10:00 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.
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