Update on Collaborative Engagement with Principle Debt Providers, Rights Offer and Cautionary Announcement OMNIA HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1967/003680/06 JSE code OMN ISIN ZAE000005153 (“Omnia”) UPDATE ON COLLABORATIVE ENGAGEMENT WITH PRINCIPLE DEBT PROVIDERS, RIGHTS OFFER AND CAUTIONARY ANNOUNCEMENT Shareholders are referred to the announcement published on SENS on 23 April 2019 wherein shareholders were advised, inter alia, that Omnia had engaged in a collaborative process with its principal debt providers to devise and implement a restructuring of the existing debt in order to ensure the Group’s long-term sustainability. The process with the principal debt providers is still ongoing and is progressing well. As part of this process, Omnia has determined that it is prudent to reduce its overall gearing. To achieve this, Omnia intends to undertake a rights offer to its shareholders of R2 billion. Accordingly, shareholders are advised to exercise caution when dealing in Omnia shares. Further details and updates will be provided when the financial results for FY2019 are published on or about 25 June 2019. 30 May 2019 Financial advisor Java Capital Sponsor Merchantec Capital Legal advisor Webber Wentzel Date: 30/05/2019 03:48:00 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.