Repurchase Of PSG Konsult Shares PSG KONSULT LIMITED (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS SEM Share Code: PSGK.N0000 ISIN Code: ZAE000191417 (“PSG Konsult” or “the Company”) REPURCHASE OF PSG KONSULT SHARES The Company’s wholly-owned subsidiary, PSG Management Services Proprietary Limited (“PSG Management Services”), has over recent years repurchased a total of 8 790 166 PSG Konsult ordinary shares (“Subject Shares”) in the open market, in terms of the general repurchase authority granted to PSG Konsult and its subsidiaries by shareholders at previous annual general meetings. PSG Konsult advises that, on 16 October 2019, the Subject Shares were transferred from PSG Management Services to the Company, resulting in the cancellation of those shares. On the date of transfer, immediately prior to their cancellation, the Subject Shares constituted 0.66% of PSG Konsult’s issued ordinary share capital (net of treasury shares). The above transfer of the Subject Shares, which qualifies as a repurchase under the South African Companies Act No. 71 of 2008, complied fully with that act. Tyger Valley 17 October 2019 JSE Sponsor: PSG Capital Proprietary Limited NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian Stock Exchange SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd This notice is issued pursuant to the JSE Limited Listings Requirements, the SEM Listing Rules and the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full responsibility for the accuracy of the information contained in this communiqué. Date: 17/10/2019 12:00:00 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.