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The subscription period for the rights offering expires today

Published: 24 April 2019

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

24 April 2019 – Reference is made to the previous announcements by Net1 International Holdings AS (the “Company”) regarding the rights offering of 241,666,667 new shares in the Company at a subscription price of NOK 0.90 per offer share (the “Rights Offering”).

The subscription period for the Rights Offering will expire today, 24 April 2019, at 16:30 hours (CET). Correctly completed subscription forms must be received by the subscription office, or, in the case of online subscriptions, be registered, within this deadline. Upon expiry of the subscription period, any subscription rights that have not been used to subscribe for offer shares will lapse and have no value.

For more information, reference is made to the investor documentation available at: http://paretosec.com/corp/net1internationalholdings/

For further information, please contact:

Investors: Amit Vithlani at email: cfo@net1.international

Media: Endre Aaberg Johansen at Corporate Communications AS: tel +47 41 61 06 05, email: endre.johansen@corpcom.no

This announcement may not be distributed or sent into the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. These materials are not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

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