CURRO ACQUIRES THE KING’S SCHOOL LINBRO PARK AND LAND OF OZ NURSERY SCHOOLS CURRO HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/025801/06) JSE Share Code: COH ISIN: ZAE000156253 (“Curro” or “the Company”) CURRO ACQUIRES THE KING’S SCHOOL LINBRO PARK AND LAND OF OZ NURSERY SCHOOLS The board of directors of Curro is pleased to advise shareholders that the Company has concluded agreements to acquire The King’s School Linbro Park (“Kings School Acquisition”) and two nursery schools known as Land of Oz (“Land of Oz Acquisition”) from two different vendors. Although these acquisitions may not be material, they are strategic from a footprint and/or operational perspective. The Kings School Acquisition The King’s School is a well-known private school situated in Linbro Park, Sandton and was founded in 1986 by Love Reaching Communities Church (then known as Waverley New Covenant). The King’s School provides educational services to learners from Grade 000 (pre-school) to Grade 12, currently comprising of approximately 390 enrolled learners. Curro has plans to further develop the King’s School campus to create additional capacity for approximately 900 additional learners. The Kings School Acquisition is subject to the fulfilment of certain conditions precedent, none of which are material or likely to impact the implementation of the transaction. The Land of Oz Acquisition Land of Oz are well-known nursery schools and were founded in 1987. The Land of Oz nursery schools comprise of two campuses, Fourways and Chartwell, catering for approximately 240 children. Curro has plans to further develop the Chartwell campus and to construct a private primary and high school for up to 1 300 learners. Both acquisitions are aligned with Curro’s intention to expand its geographical footprint in Gauteng and to extend its education offering. Both acquisitions are uncategorised in terms of the JSE Limited Listings Requirements, and the information contained in this announcement has been voluntarily disclosed by the Company. 3 December 2019 Transaction Adviser and Sponsor PSG Capital Date: 03-12-2019 08:00:00 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.