Dealings in securities by associates of a director CARTRACK HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/036316/06) Share code: CTK ISIN: ZAE000198305 (‘Cartrack’) DEALING IN SECURITIES BY ASSOCIATES OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following dealings are disclosed: Director: IJ Calisto Company: Cartrack Holdings Limited Associates: One August Holdings (Pty) Ltd and Karoo (Pvt) Ltd Date of transactions: 28 February 2019 Detail of transactions: Off-market disposal by One August Holdings (Pty) Ltd of Cartrack shares and subsequent acquisition by Karoo (Pvt) Ltd Nature of transaction: Indirect Beneficial Class of securities: Ordinary shares Number of shares sold: 204 500 000 Price per share: R13.44 Total value of transaction: R2,748,480,000 Prior clearance for this transaction was obtained. Shareholders are advised that these transactions were entered into for the purpose of Karoo (Pvt) Ltd (owned by IJ Calisto and his direct family) acquiring and owning the shares in Cartrack. The share price was determined by using the Volume Weighted Average Price over the last 30-day period. The fulfillment of the transaction is subject to applicable regulatory requirements and other conditions precedent. Johannesburg 1 March 2019 Sponsor: The Standard Bank of South Africa Limited Date: 01/03/2019 07:05:00 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.