TCP TCII - Global Credit Ratings affirms Transaction Capital Limited’s national scale credit rating at A-(za) Transaction Capital Limited TransCapital Investments Limited (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) Registration No: 2002/031730/06 (Registration No. 2016/130129/06) JSE share code: TCP JSE debt code: TCII ISIN: ZAE000167391 (“Transaction Capital” or “the Company”) GLOBAL CREDIT RATINGS AFFIRMS TRANSACTION CAPITAL LIMITED’S LONG-TERM SOUTH AFRICAN NATIONAL SCALE CREDIT RATING AT A-(ZA) Shareholders are hereby advised that Transaction Capital Limited’s long-term South African national scale rating has been affirmed by Global Credit Ratings (“GCR”) at A-(za), while the short-term rating has been revised to A2(za) due to change in GCR’s rating definitions. Transaction Capital Limited’s long-term unsolicited international scale ratings have been revised to B+ from BB- due to a change in GCR’s mapping methodology with all outlooks accorded as stable. A full ratings report will be uploaded onto the website once made available by GCR. Shareholders are referred to the company’s website on www.transactioncapital.co.za. Dunkeld West 14 August 2019 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14/08/2019 05:05:00 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.