EnX : Update in relation to the Special Distribution of R1.50 per share

ENX GROUP LIMITED

(Incorporated in the Republic of South Africa) (Registration number 2001/029771/06)

JSE share code: ENX ISIN: ZAE000222253 ("enX" or "the Company")

UPDATE IN RELATION TO THE SPECIAL DISTRIBUTION OF R1.50 PER SHARE

Shareholders are referred to the announcement released on the Securities Exchange News Service ("SENS") on 01 August 2022 regarding the declaration of a special distribution of R1.50 per enX share (the "Distribution") and are advised that exchange control approval from the South African Reserve Bank for the Distribution remains outstanding. Accordingly, shareholders are advised that the finalisation information pertaining to the payment of the Distribution will be announced in as soon as exchange control approval has been received.

16 August 2022

Sponsor

The Standard Bank of South Africa Limited