Unaudited Condensed Consolidated Interim Results For The Period Ended 30 September 2019 CSG HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2006/011359/06) Share code: CSG ISIN: ZAE000184438 (“CSG” or “the Company”) UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE PERIOD ENDED 30 SEPTEMBER 2019 1. SALIENT FEATURES Revenue decreased by 13% to R988 million, from R1,132 million in the prior corresponding period. Headline losses per share decreased to 5.27 cents per share, compared to headline earnings per share of 9.19 cents reported in the prior comparative period. Basic losses per share decreased to 5.33 cents per share, compared to the basic earnings per share of 9.26 cents reported for the comparative period. CSG had a disappointing six months across all three divisions due to the prevailing challenging business environment and worsened by the level of under performance of security companies, 7 Arrows and Revert, which incurred a loss of R46.37 million for the six months. After the initial indication of underperformance towards the end of the previous financial year from these two businesses, CSG commenced an in-depth operational review, which revealed the underperformance was worse than anticipated and as a result immediate action was taken to rationalise and consolidate these businesses, which included retrenchments across the board. A new Security CEO was recruited from the industry and appointed for this division effective 1 August 2019, and with his assistance CSG believe the aggressive turnaround plan will deliver the necessary results. 2. SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at: https://senspdf.jse.co.za/documents/2019/JSE/ISSE/CSG/CSGHY20.pdf Copies of the Full Announcement is also available for viewing on the Company’s website at https://csgholdings.co.za/investor-relations/ or may be requested in person, at the Company’s registered office or the office of the sponsor, at no charge, during office hours. Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole. 22 November 2019 Sponsor PSG Capital Date: 22/11/2019 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.