Cautionary announcement SASFIN HOLDINGS LIMITED (Incorporated in The Republic of South Africa) (Registration Number 1987/002097/06) (“Sasfin” or “the Company”) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 Cautionary Announcement Sasfin shareholders (“Shareholders”) are advised that Sasfin has received an unsolicited, conditional non- binding offer for its entire minority interest in Efficient Group Limited (“Efficient”) at a valuation of R5.60 per Efficient share. This values Sasfin’s holding in Efficient at R146,3 million. Sasfin has entered into exclusive negotiations with the offeror. The offeror is not related to Efficient Group Ltd. Should a transaction be successfully concluded, it may have a material effect on the price of the Company’s securities. Accordingly, Shareholders are advised to exercise caution when dealing in the Company’s securities until a further detailed announcement is made. Johannesburg 26 May 2020 Sponsor Sasfin Capital (a member of the Sasfin group) Independent Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 26-05-2020 11:50:00 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.
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