Issuance of shares under general authority to issue shares for cash EPP N.V. (previously Echo Polska Properties N.V.) (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP ISIN: NL0011983374 LEI Code: 7245003P7O9N5BN8C098 ("EPP") ISSUANCE OF SHARES UNDER GENERAL AUTHORITY TO ISSUE SHARES FOR CASH Shareholders are advised that 77 956 989 EPP ordinary shares (the "additional EPP shares") have been allotted, issued and listed today on both the Euro MTF market of the Luxembourg Stock Exchange and the Main Board of the JSE, pursuant to the equity raise undertaken by EPP on 24 April 2018 (the "equity raise"). The additional EPP shares, which represent more than 5% of EPP's shares in issue, were issued under the general authority to issue shares for cash at a 2.52% discount to the 30 day weighted average traded price prior to the equity raise. The proceeds of the equity raise will be used to fund part of the second tranche of the M1 acquisition (announced on 4 December 2017). The additional EPP shares rank pari passu with existing listed EPP ordinary shares. Following the issue of the additional EPP shares, the total issued and listed share capital of EPP has increased to 907 946 792 ordinary shares. 3 May 2019 JSE Sponsor Java Capital Luxembourg Stock Exchange Listing Agent Harneys Luxembourg For more information: Curwin Rittles, Investor Relations, EPP Mobile: +48 885 982 310 Curwin.rittles@epp-poland.com Java Capital, JSE Sponsor Phone: +27 11 722 3050 Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent Phone: +352 27 86 71 02 Singular Systems IR Michèle Mackey / Jacques de Bie +27 (0)10 003 0700/+27 (0)82 497 9827 michele@singular.co.za / Jdebie@singular.co.za Date: 03/05/2019 03:00:00 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.