Notice To Shareholders On Share Buy-Back - LHL17, LHL18, LHL19, LHL26 Letshego Holdings Limited Incorporated in the Republic of Botswana Registration number 98/442 Instrument code: LHL17 ISIN: ZAG000132234 Instrument code: LHL18 ISIN: ZAG000132242 Instrument code: LHL19 ISIN: ZAG000132259 Instrument code: LHL26 ISIN: ZAG000141268 (“Letshego Holdings” or “the Company” or “the issuer”) Notice to Shareholders on Share Buy-back This announcement is being released on the Johannesburg Stock Exchange for information purposes only in respect of Letshego Holdings Limited’s Note Programme. Letshego Holdings Limited was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. It is an inclusive finance focused group with consumer lending, micro finance and deposit-taking subsidiaries across sub-Saharan Africa. The Board of Directors (the “Board”) of the Company hereby announces that it has exercised its power under the general mandate to buyback (the “Share Buy-back Mandate”) shares of the Company (the “Shares”) granted by the Shareholders of the Company (the “Shareholders”) to the Board at the annual general meeting (the “AGM”) of the Company held on 24 May 2017, which was a renewal of the original Shareholder mandate provided in May 2015. Pursuant to the Share Buy-back Mandate, the Company is allowed to buy-back up to 214,404,514 Shares on the Botswana Stock Exchange for an amount which shall not exceed the sum of retained profits of the Company based on its latest financial statement of the Company, nor a monetary value of BWP 561,519,726 in total. The Share Buy Back Mandate also has the following conditions: The Company cannot purchase shares from individuals or entities (or their associates) that hold more than 5% of the ordinary shares in issue; The Company cannot purchase shares from Directors, management or staff of the Company or its subsidiaries; The price cannot be more than a 5% (five) premium to the previous 5 (five) trading days weighted average share price; and The Company can only trade in its shares when it is not in a closed period. 1 On 9th October 2017 the Company bought back on market a total of 24,400,000 Shares, representing approximately 1.0% of the issued share capital of the Company. The highest purchase price per Share was BWP 1.97, the lowest purchase price per Share was BWP 1.97 and the average purchase price was BWP1.97. The aggregate consideration for the buy-back of Shares was BWP 48,068,000. The Share Buy Back has been implemented in accordance with all applicable regulations and conditions the Board is subject to. These shares will be held as treasury shares in accordance with the Shareholder approval obtained on 24 May 2017. The Board believes that the Company’s solid financial position will enable it to conduct the Share Buy-back while maintaining sufficient resources for the continued growth of the Company’s and Group’s operations. Shareholders and potential investors should note that the exercise of the Share Buy-back by the Company will, in accordance with the Share Buy Back Mandate, subject to market conditions, be implemented at the absolute discretion of the Board and as per the conditions of the Shareholder mandate. There is no assurance of the timing, quantity or price of any further Share Buy-back. Further updates, by way of a notice to Shareholders will be provided as appropriate. For and on behalf of the Board of Directors: E Banda Chairman 23 October 2017 Debt sponsor in South Africa The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division Sponsoring broker in Botswana African Alliance Securities 2 Date: 23/10/2017 12:15:00 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.