Condensed consolidated interim financial statements for the six months ended 30 September 2019 Nictus Limited (Incorporated in the Republic of South Africa) Registration number – RSA: 1981/011858/06 NAM: 781/11858 JSE share codes: NCS ISIN number: NA0009123481 ("Nictus" or the "company" or the "group") Condensed consolidated interim financial statements for the six months ended 30 September 2019 The board of directors of Nictus (the directors) announce the consolidated interim financial statements for the six months ended 30 September 2019. This short-form announcement is only a summary of the full announcement which is published on our website and accessible via the JSE link (as mentioned below) and which is available for inspection at our registered office and the offices of our JSE sponsor, at no charge and during standard business hours. Copies of the full announcement may be requested from the company secretary via email, on groupsec@nictus.com.na. Some financial and salient indicators of the six months ended 30 September 2019 include: - Group revenue increased by 17,7% to R26,4 million; - Basic earnings per share for the period increased by 83,6% to 5,95 cents per share; and - Headline earnings per share for the period increased by 83,6% to 5,95 cents per share. Dividend No interim dividend was declared for either the current or the prior period. The board declared a final dividend of 3,75 cents per ordinary share for the year ended 31 March 2019 on Friday, 28 June 2019, to all ordinary shareholders recorded in the books of Nictus at the close of business on Friday, 19 July 2019. The dividend was paid on Monday, 22 July 2019. Disclaimer This short-form announcement is the responsibility of the directors and does not contain full or complete details. Any investment decisions by investors/shareholders should be based on consideration of the full announcement which is accessible via the following JSE link https://senspdf.jse.co.za/documents/2019/jse/isse/NCS/Interim_19.pdf and Nictus’ website. Randburg 29 November 2019 Directors Professor Barend J Willemse (Independent non-executive chairman) Gerard Swart (Independent non-executive director) Cornelius J de Vrye (Independent non-executive director) Philippus J de W Tromp (Non-executive director) Nicolaas C Tromp (Non-executive director) Gerard R de V Tromp (Executive group managing director) Eckhart H Prozesky (Executive group financial director) Company secretary Veritas Board of Executors Proprietary Limited Registration number: 1984/007487/07 1st Floor, Nictus Building Corner of Pretoria and Dover Streets, Randburg PO Box 2878, Randburg 2125 JSE Sponsor One Capital 17 Fricker Road Illovo, Sandton 2196 Registered office of the company Head office 1st Floor, Nictus Building Corner of Pretoria and Dover Streets, Randburg PO Box 2878, Randburg 2125 Windhoek office 1st Floor, Nictus Building 140 Mandume Ndemufayo Avenue, Windhoek Private Bag 13231, Windhoek Auditor and reporting accountant KPMG Inc. Registration number: 1999/021543/21 KPMG Crescent 85 Empire Road, Parktown 2193 Private Bag 9, Parktown 2122 www.nictuslimited.co.za Date: 29-11-2019 09:00:00 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.