PGR: PEREGRINE HOLDINGS LIMITED - Update on the disposal of Peregrine Securities Update on the disposal of Peregrine Securities PEREGRINE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/006026/06) Share code: PGR ISIN: ZAE000078127 ("Peregrine") UPDATE ON THE DISPOSAL OF PEREGRINE SECURITIES Peregrine shareholders are referred to the announcements released on SENS on Wednesday, 13 June 2018 and Wednesday, 26 September 2018 relating to the sale by: - Peregrine SA Holdings Proprietary Limited to Nkholi Consolidated Investments Proprietary Limited of its 65% shareholding in both Peregrine Securities Proprietary Limited and Peregrine Fund Platform Proprietary Limited; and - Peregrine International Holdings Limited to Peresec Holdings Limited of its 65% shareholding in Peresec International Limited, (collectively, the "Transaction"). Shareholders are advised that all outstanding conditions precedent to the Transaction have been fulfilled and that the Transaction will accordingly be finally implemented on Thursday, 7 February 2019. 30 January 2019 Corporate advisor and joint sponsor Java Capital Joint sponsor Deloitte & Touche Sponsor Date: 30/01/2019 02:25:00 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.