Results of the Scrip Distribution and the Cash Dividend Alternative and Share Dealings Metrofile Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1983/012697/06 JSE ordinary share code: MFL ISIN: ZAE000061727 (“Metrofile” or “the Company” or “the Group”) RESULTS OF THE SCRIP DISTRIBUTION AND THE CASH DIVIDEND ALTERNATIVE AND SHARE DEALINGS BY DIRECTORS AND ASSOCIATES OF DIRECTORS Metrofile ordinary shareholders (“Shareholders”) are referred to the announcements released on the Stock Exchange News Service (“SENS”) on Tuesday, 1 October 2019 and Thursday, 10 October 2019 (“the Announcements”) regarding the ratio applicable to the Company’s declaration of an interim distribution of Metrofile ordinary par value shares of 0.6146 cent each (“Scrip Distribution Shares”) to Shareholders recorded in the register at the close of business on the record date, being Friday, 11 October 2019 (“Record Date”) (“Scrip Distribution”). As set out in the announcements, Shareholders not electing to receive the gross cash dividend of 5 cents per ordinary share (“Cash Dividend”) in respect of all or part of their shareholding were entitled to receive that number of Scrip Distribution Shares determined in the ratio of 2.34217 Scrip Distribution Shares for every 100 ordinary shares held on the Record Date. In terms of the Scrip Distribution, 8 794 230 new ordinary shares were issued today at 213.47684 cents per share to Shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of the distributable retained profits of the Company of R18 773 644.31. Shareholders recorded in the register of the Company at the close of business on the Record Date holding 68 367 593 ordinary shares elected to receive the gross Cash Dividend of 5 cents per ordinary share, resulting in a total gross Cash Dividend of R3 418 379.65, which was paid out of the distributable retained profits of the Company. The Company’s issued share capital, following the Scrip Distribution, is as follows: Issued Ordinary Shares 452 649 116 Treasury Ordinary Shares 18 949 158 Net issued Ordinary Shares 433 699 958 In addition to the Cash Dividend payment today, share certificates will be dispatched to certificated Shareholders and CSDP/broker accounts of dematerialised Shareholders will be credited. In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed for those directors and associates who received Metrofile shares in respect of their shareholding in the Company under the terms of the Scrip Distribution as announced in this SENS announcement: Company: Metrofile Holdings Limited Name of directors: Mary S Bomela and Muhammed Z Abdulla Name of associates: MIC Investment Holdings (Pty) Limited, a wholly-owned subsidiary of Mineworkers Investment Company (RF) (Pty) Limited. The above- named directors are executive directors of Mineworkers Investment Company (RF) (Pty) Limited Designation of directors: Non-executive Type and class of Ordinary shares securities: Nature of transaction: Off-market receipt of shares from Metrofile by way of a Scrip Distribution Nature and extent of Indirect non-beneficial directors’ interests in the transaction: Date of trades: 14 October 2019 Deemed price per shares: 213.47684 cents Number of shares 3 787 132 received: Rand value of shares: R8 084 649.72 Permission to deal Yes obtained: Company: Metrofile Holdings Limited Name of director: Christopher S Seabrooke Name of associates: Sabvest Investments (Pty) Limited and Sabvest Finance and Guarantee Corporation (Pty) Limited, wholly- owned by Sabvest Limited, which is controlled by The Seabrooke Family Trust Designation of director: Independent non-executive Type and class of Ordinary shares securities: Nature of transaction: Off-market receipt of shares from Metrofile by way of a Scrip Distribution Nature and extent of Indirect beneficial director’s interest in the transaction: Date of trades: 14 October 2019 Deemed price per shares: 213.47684 cents Number of shares 1 147 662 received: Rand value of shares: R2 449 992.57 Permission to deal Yes obtained: Company: Metrofile Holdings Limited Name of director: Graham D Wackrill Designation of director: Non-executive Type and class of Ordinary shares securities: Nature of transaction: Off-market receipt of shares from Metrofile by way of a Scrip Distribution Nature and extent of Direct beneficial director’s interest in the transaction: Date of trades: 14 October 2019 Deemed price per shares: 213.47684 cents Number of shares 69 114 received: Rand value of shares: R147 542.38 Permission to deal Yes obtained: Company: Metrofile Holdings Limited Name of director: Pfungwa G Serima Designation of director: Group Chief Executive Officer Type and class of Ordinary shares securities: Nature of transaction: Off-market receipt of shares from Metrofile by way of a Scrip Distribution Nature and extent of Direct beneficial director’s interest in the transaction: Date of trades: 14 October 2019 Deemed price per shares: 213.47684 cents Number of shares 1 053 received: Rand value of shares: R2 247.91 Permission to deal Yes obtained: Johannesburg 14 October 2019 Sponsor Standard Bank Limited Transaction Advisor Apex Partners Date: 14/10/2019 02:55:00 Produced by the JSE SENS Department. 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