Voluntary finalisation announcement in respect of the disposal of two Tellumat business units STELLAR CAPITAL PARTNERS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/015580/06) Share code: SCP ISIN: ZAE000198586 ("Stellar Capital") VOLUNTARY FINALISATION ANNOUNCEMENT IN RESPECT OF THE DISPOSAL OF TWO TELLUMAT BUSINESS UNITS Shareholders are referred to the announcement published on the Stock Exchange News Service on 30 June 2020 in which they were advised that Tellumat Proprietary Limited ("Tellumat"), a 49% investee company of Stellar Capital, has disposed of its Air Traffic Management and Defence & Security business units to Hensoldt South Africa ("Transaction"). Stellar Capital is pleased to announce that all of the outstanding sale conditions have now been met and accordingly the Transaction has been finalised and implemented. Cape Town 12 January 2021 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 12-01-2021 10:00:00 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.