Resignation of administrator and company secretary and SEM listing sponsor New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or the “Company”) RESIGNATION OF ADMINISTRATOR AND COMPANY SECRETARY AND SEM LISTING SPONSOR The Board of Directors of the Company wishes to inform its shareholders and the public in general that the Administrator and Company Secretary of the Company, Osiris Corporate Solutions (Mauritius) Limited, has resigned as Administrator and Company Secretary of the Company, effective from 24 April 2020. In addition, the SEM Listing Sponsor of the Company, GB Capital, has resigned as SEM Listing Sponsor and Authorised Representative of the Company, effective from 25 March 2020. The Company is taking the necessary steps to appoint replacement service providers. New Frontier holds primary listings on the Stock Exchange of Mauritius Ltd (“SEM”) and the Alternative Exchange of the Johannesburg Stock Exchange (“JSE”). By order of the Board 25 February 2020 This notice is issued pursuant to SEM Listing Rule 11.33. The Board of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information in this notice. For further information please contact: JSE sponsor Java Capital +27 11 722 3050 SEM sponsor GB Capital +230 650 4054 Company secretary Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030 Date: 25-02-2020 01:30:00 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.