Notice Of Acquisition Of Beneficial Interest In Securities ELB GROUP LIMITED Incorporated in the Republic of South Africa (Registration number 1930/002553/06) ISIN: ZAE000035101 JSE Code: ELR (“ELB”) NOTICE OF ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES In accordance with section 122(3) (b) of the Companies Act, No 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, ELB shareholders are advised that ELB has received notification from Apex Partners Holdings Proprietary Limited (“Apex Partners”) that Apex Partners has increased its beneficial interest in ELB such that Apex Partners now holds 15.15% of the issued ordinary share capital of ELB. Boksburg 15 November 2019 Sponsor Questco Corporate Advisory Proprietary Limited Date: 15/11/2019 02:57:00 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.