Correction to SENS Announcement 25 March - Audited Summary Consoldiated Financial Results for the Y/E 31 Dec 2018 South Ocean Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2007/002381/06) Share code: SOH ISIN: ZAE000092748 CORRECTION TO SENS ANNOUNCEMENT 25 MARCH 2019 - AUDITED SUMMARY CONSOLIDATED FINANCIAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2018 (“FINANCIAL STATEMENTS”) Shareholders are hereby advised that during the SENS conversion process the revenue number on the Summary of Consolidated Statement of Comprehensive Income was not converted in full. However, the PDF version was correct. The revenue for the year ended 31 December 2018 should have been reflected as follows: For the year ended 31 December Change 31 December R’000 2018 % 2017 Revenue 1 727 792 21.2% 1 425 777 JOHANNESBURG 26 March 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 26/03/2019 02:49:00 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.