JSE LIMITED

(Incorporated in the Republic of South Africa) Registration number: 2005/022939/06

Share Code: JSE

ISIN Code: ZAE000079711

LEI: 213800MZ1VUQEBWRFO39 ("JSE" or "the Group")

VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF A MAJORITY STAKE IN LINK SA

Shareholders are referred to the voluntary announcement released on the Stock Exchange News Service on 3 September 2020 regarding the JSE's acquisition of a 74.85% interest in Link Market Services South Africa Proprietary Limited ("Link SA") from Link Market Services Limited, a company incorporated in Australia (the "Transaction").

The JSE is pleased to announce that all conditions precedent to the Transaction have been fulfilled. The consideration of R243.6m for the 74.85% stake in Link SA has been settled from the Group's cash reserves (being the original agreed acquisition price of R224.5m and net cash on hand held by Link SA).

Link SA's Black Economic Empowerment partner retains its existing 25.15% interest in Link SA.

In due course, Link SA will be renamed JSE Investor Services Proprietary Limited.

The information provided in this announcement has not been reviewed or reported on by the Group's external auditors.

Sandton

4 November 2020

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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JSE Limited published this content on 04 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2020 07:14:07 UTC