Dealing in Securities by Directors EFORA ENERGY LIMITED (Formerly SacOil Holdings Limited) (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company”) DEALING IN SECURITIES BY DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: Name of Director: T Kgogo Status: Chief Executive Officer Company: Efora Energy Limited Type of Securities: Ordinary Shares Date of Transaction: 10 August 2018 Price Per Share: R0.50 Number of Securities Transacted: 153 517 Total Rand Value of Securities: R76 758.50 Nature of Transaction: Acquisition of shares by Director (Followed rights offer rights) Nature and Extent of Director's Interest in the Transaction: Direct Beneficial Confirmation That Clearance Has Been Given In Terms Of Paragraph 3.66: Yes Name of Director: MD Matroos Status: Financial Director Company: Efora Energy Limited Type of Securities: Ordinary Shares Date of Transaction: 10 August 2018 Price Per Share: R0.50 Number of Securities Transacted: 55 957 Total Rand Value of Securities: R27 978.50 Nature of Transaction: Acquisition of shares by Director (Followed rights offer rights) Nature and Extent of Director's Interest in the Transaction: Direct Beneficial Confirmation That Clearance Has Been Given In Terms Of Paragraph 3.66: Yes Pretoria 13 August 2018 Sponsor PSG Capital For further information please contact: Efora Energy Limited Damain Matroos +27 (0)10 591 2260 Buchanan (Financial PR adviser) Ben Romney / Chris Judd +44 (0)20 7466 5000 About Efora Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration in the Democratic Republic of Congo; midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout South Africa and Zimbabwe. Our focus as a Group is on delivering energy for the African continent by using Africa’s own resources to meet the significant growth in demand expected over the next decade. Date: 13/08/2018 03:44:00 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.