No Change Statement, Posting of Integrated Report, Notice of AGM and BBBEE Act Annual Compliance Report TELEMASTERS HOLDINGS LIMITED (Registration Number: 2006/015734/06) JSE Code: TLM ISIN: ZAE 000093324 (“Telemasters” or “the Company”) NO CHANGE STATEMENT, POSTING OF INTEGRATED REPORT, NOTICE OF ANNUAL GENERAL MEETING AND BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT ANNUAL COMPLIANCE REPORT Shareholders are advised that the Company’s Integrated Report incorporating, inter alia, the Audited Consolidated Annual Financial Statements for the year ended 30 June 2019 and a Notice of Annual General Meeting, is in the process of being distributed to shareholders. The Integrated Report is available on the Company’s website, www.telemasters.co.za. The audited consolidated annual financial statements contain no modifications to the reviewed provisional condensed financial statements released on SENS on 1 October 2019. Notice of Annual General Meeting Notice is hereby given that the Annual General Meeting of ordinary shareholders will be held at 09h30 on Friday, 6 December 2019 at The Maxwell Office Park Business Centre, Maxwell Office Park, 37 Magwa Crescent, Waterfall City, Johannesburg. Record Date The record date on which shareholders of the Company must be registered as such in the Company’s securities register in order to attend and vote at the Annual General Meeting is Friday, 29 November 2019. The last day to trade in order to be eligible to vote at the Annual General Meeting will be Tuesday, 26 November 2019. Broad-Based Black Economic Empowerment Act: Annual Compliance Report Shareholders are hereby notified that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company’s Annual Compliance Report, in terms of section 13G(2) of the Act, has been published and is available on the Company’s website, www.telemasters.co.za. Pretoria 31 October 2019 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 01/11/2019 07:06:00 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.