NET 1 UEPS TECHNOLOGIES INC - Notification of directors dealings in Net1 securities

Notification of directors’ dealings in Net1 securities

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
("Net1" or the "Company")

Notification of directors' dealings in Net1 securities

Shareholders are advised that the following dealings in the securities of Net1 have taken
place by directors ("reporting person") of the Company:

Director:                                       Paul Edwards
Name of company:                                Net1
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          On market purchase of securities
Number of securities:                           10,000
Date of transaction:                            November 13, 2018
Price per security (VWAP):                      USD 4.5287 (1)
Total transaction value:                        USD 45,287 (1)

(1) Purchase prices for the transactions reported here range from $4.45 to $4.63.

Director:                                       Alasdair J.K. Pein
Name of company:                                Net1
Class of security:                              Common stock
Nature of interest:                             Indirect, beneficial
Nature of transaction:                          On market purchase of securities
Number of securities:                           6,000
Date of transaction:                            November 13, 2018
Price per security (VWAP):                      USD 4.5344 (1)
Total transaction value:                        USD 27,206.40 (1)

(1) Purchase prices for the transactions reported here range from $4.49 to $4.63.

Clearance to deal in respect of the above transactions was given.

November 15, 2018
Johannesburg

Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited
Date: 15/11/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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