Withdrawal of 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 Withdrawal of cautionary announcement Sasfin shareholders (“Shareholders”) are referred to the cautionary announcement published on 14 November 2019 and the subsequent renewals of the cautionary, the most recent dated 12 May 2020 relating to a potential strategic investment by Arise B.V. (“Arise”) in Sasfin. Shareholders are informed that Sasfin and Arise have terminated discussions due to the current volatility in global markets caused by the Covid-19 pandemic. Shareholders should however continue to exercise caution in trading Sasfin shares, as more fully set out in the cautionary announcement published on 26 May 2020 which relates to Sasfin’s potential disposal of its shareholding in Efficient Group Limited. Johannesburg 1 June 2020 Sponsor Sasfin Capital (a member of the Sasfin group) Independent Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 01-06-2020 08:00:00 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.