Tetra4 Updates Methane and Helium Reserves RENERGEN LIMITED Incorporated in the Republic of South Africa (Registration number: 2014/195093/06) Share code: REN ISIN: ZAE000202610 (“Renergen” or “the Company” or “the Group”) TETRA4 UPDATES METHANE AND HELIUM RESERVES Renergen Limited (“Renergen”), an integrated alternative and renewable energy business listed on the JSE’s Alt-X, today announced that its subsidiary Tetra4 (Pty) Ltd, has recently updated its methane and helium net gas reserves based on an independent reserve review compiled by MHA Petroleum Consultants LLC (“MHA”), a qualified reserve evaluator. Total Proved (1P) Proved + Probable Proved + Probable + (2P) Possible (3P) Methane (Billion cubic feet) 40.76 138.99 284.18 Helium (Billion cubic feet) 1.01 3.41 6.86 This represents a 12.2% increase in methane and 16.1% increase in helium on a proven basis relative to the independent review undertaken by MHA in March 2018. MHA has approved the gas reserve estimates, in writing in advance of this announcement. “The more geological data we collect, the more risk we remove and the better we understand how and where to extract to maximise shareholder value. We are pleased with the trajectory of the business, and look forward to getting into production,” said Stefano Marani (CEO). Enquiries: Renergen Limited 010 045 6000 Stefano Marani, CEO Website: Renergen www.renergen.co.za Tetra4 www.tetra4.com NOTES TO EDITORS About Renergen Renergen is an integrated alternative and renewable energy business that invests in early stage energy projects across Africa and emerging markets. Its current investments include Tetra4, a natural gas and liquefied helium company in the Free State, South Africa and additional exploration rights for natural gas in the Evander area. Johannesburg 4 March 2019 Designated Adviser PSG Capital Date: 04/03/2019 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.