Cautionary Announcement EOH HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/014669/06) Share code: EOH ISIN: ZAE000071072 (“EOH” or “the Company”) CAUTIONARY ANNOUNCEMENT Shareholders are referred to the recent announcements released on SENS pertaining to, inter alia, the Microsoft Channel Partner Agreement. Shareholders are advised that the Microsoft investigation forms part of EOH’s larger internally-initiated investigation into all public sector contracts over the last five years, with the support of ENSafrica. This process involves obtaining information from whistleblowers and the corroboration of internal facts as part of a thorough and detailed forensic investigation of these public sector contracts. The media may also have access to these contracts and evidence from whistleblowers. EOH cannot respond each time the media publishes information on the back of their information, but shareholders will be provided with responses to relevant media coverage and advised of developments as appropriate, subject to legal advice. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement to withdraw this cautionary is made. Johannesburg 19 February 2019 Sponsor Merchantec Capital Date: 19/02/2019 11:25:00 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.