Further terms announcement in relation to the disposal of shares in GetBucks to related parties Brainworks Limited (Incorporated in the Republic of Mauritius) (Registration number: 115883 C1/GBL) Share Code: BWZ ISIN: MU0548S00000 (“Brainworks” or “the Company”) Further terms announcement in relation to the disposal of shares in GetBucks to related parties Shareholders are referred to the Company’s announcement on 13 December 2017 regarding the proposed disposal by Brainworks Capital Management Private Limited (“Brainworks Capital”) and GetSure Life Assurance Private Limited (“GetSure”) (collectively referred to as “the Subsidiaries”) of a portion of their shareholding in GetBucks Microfinance Bank Limited (“GetBucks”) to associates of directors of the Company (“the Transaction”). Shareholders are advised that the parties to the transaction have concluded an addendum agreement incorporating further terms for the Transaction. Further terms of the Transaction The purchasers of the GetBucks shares have agreed to advance the consideration due under the disposal to Brainworks Capital Management, on behalf of Brainworks Capital Management and GetSure, on loan account. The loan attracts interest at a rate of 9% per annum and is unsecured. The interest on the loan is to be settled through the delivery of GetBucks Shares at a price of US$0.0333 per GetBucks Share or in cash should shareholder approval for the Transaction not be obtained by the Company, and is payable on the earlier of the date when shareholder approval for the Transaction is obtained or 11 June 2018. Conditions Precedent The Transaction remains subject to shareholder approval in terms of the Listings Requirements of the JSE Limited. Categorisation The transaction remains a category 2 related party transaction in terms of the JSE Listings Requirements, which will accordingly require shareholder approval as previously announced. A circular, incorporating a notice of General Meeting, will be posted in due course. Ebène, Mauritius 19 January 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 19/01/2018 11:58:00 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.