The board of directors (the "Board") of Super Group Ltd. (the "Company") refers to:

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Arnold Henry
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1 SUPER GROUP LTD. (Company Registration No K) APPROVAL FOR THE PROPOSED DELISTING AND WAIVERS OF RULE 1307 OF THE LISTING MANUAL, RULES 707(1) AND 707(2) OF THE LISTING MANUAL AND RULE 705(2) OF THE LISTING MANUAL 1. INTRODUCTION The board of directors (the "Board") of Super Group Ltd. (the "Company") refers to: the composite document dated 14 March 2017 (the "Composite Document") despatched by the Company and Sapphire Investments B.V. (the "Offeror") to the shareholders of the Company (the "Shareholders"); the announcement dated 30 March 2017 by the Company in relation to, inter alia, the approval by the Singapore Exchange Securities Trading Limited ("SGX-ST") for the Company's application for an extension of time to hold its annual general meeting (the "2016 AGM") for the financial year ended 31 December 2016 ("FY2016") by Friday, 30 June 2017; (c) the announcement dated 18 April 2017 (the "Level of Acceptances Announcement") made by J.P. Morgan (S.E.A.) Limited ("JPM"), for and on behalf of the Offeror, in relation to, inter alia, the level of acceptances for 17 April 2017 and the Offeror's intention to exercise its right of compulsory acquisition under Section 215(1) of the Companies Act (Chapter 50 of Singapore) (the "Companies Act") to compulsorily acquire (the "Proposed Compulsory Acquisition") all the Shares held by the Shareholders who have not accepted the Offer (the "Dissenting Shareholders") and take steps to delist the Company from the SGX-ST (the "Proposed Delisting") following the close of the Offer; (d) (e) the announcement dated 25 April 2017 (the "Close of Offer Announcement") made by JPM, for and on behalf of the Offeror, in relation to, inter alia, the close of the Offer, the Proposed Compulsory Acquisition and the Proposed Delisting; and the announcement dated 15 May 2017 made by the Company in relation to the application by the Company to the SGX-ST for, inter alia, the 1Q2017 Waiver (as defined below in paragraph 2(c)) from the requirement of the Company to release its 1Q2017 Financial Statements (as defined below in paragraph 2(c)). All capitalised terms used and not defined herein shall have the same meanings given to them in the Composite Document, unless otherwise expressly stated or the context otherwise requires. 2. BACKGROUND TO AND REASONS FOR THE SGX APPLICATION Further to the Close of Offer Announcement, the Company had submitted an application to the SGX-ST (the "SGX Application") to: seek a waiver from the requirement under Rule 1307 of the Listing Manual in respect of the Proposed Delisting and approval to delist the Company from the official list of

2 the SGX-ST after the completion of the Proposed Compulsory Acquisition (collectively, the "Delisting Application"); (c) seek waivers (the "AGM and AR Waivers") from the requirements under Rules 707(1) and 707(2) of the Listing Manual in respect of the requirement of the Company to hold its 2016 AGM on or before Friday, 30 June 2017 and correspondingly, to issue its annual report in respect of FY2016 (the "2016 Annual Report") to the Shareholders and the SGX-ST at least 14 days before the date of the 2016 AGM; and seek a waiver (the "1Q2017 Waiver") from the requirement under Rule 705(2) of the Listing Manual in respect of the requirement of the Company to release its financial statements for the first quarter of the new financial year (the "1Q2017 Financial Statements") in respect of the period from 1 January 2017 to 31 March 2017 no later than 45 days after the quarter end. 2.1 The Delisting Application Listing Manual Requirements Pursuant to Rule 1307 of the Listing Manual, the SGX-ST may agree to an application by the Company to delist from the SGX-ST if (i) the Company convenes a general meeting (the "Delisting EGM") to obtain Shareholder approval for the delisting; the resolution to delist the Company (the "Delisting Resolution") has been approved by a majority of at least 75 per cent. of the total number of issued Shares (excluding treasury shares) held by the Shareholders present and voting, on a poll, either in person or by proxy at the Delisting EGM (the Company's directors and controlling Shareholder need not abstain from voting on the Delisting Resolution); and the Delisting Resolution has not been voted against by 10 per cent. or more of the total number of issued Shares (excluding treasury shares) held by the Shareholders present and voting, on a poll, either in person or by proxy at the Delisting EGM. Pursuant to Rule 1309 of the Listing Manual, if the Company is seeking to delist from the SGX-ST, (i) a reasonable exit alternative, which should normally be in cash, should be offered to (1) the Shareholders and (2) holders of any other classes of listed securities to be delisted and the Company should normally appoint an independent financial adviser to advise on the exit offer. Reasons for the Delisting Application The Company's reasons for seeking a waiver from the requirement under Rule 1307 of the Listing Manual are as follows: (i) As set out in the Level of Acceptances Announcement and Close of Offer Announcement, the Offeror presently owns, controls or has agreed to acquire more than 90 per cent. of the total number of issued Shares (excluding treasury shares) of the Company. Accordingly, the Offeror will be able to unilaterally determine the outcome of the Delisting Resolution proposed to be passed at the Delisting EGM, if such meeting is convened pursuant to Rule 1307 of the Listing Manual. In view of the foregoing, the Company considers that it would not be necessary or meaningful to expend time and/or expenses to convene the Delisting EGM for the purposes of approving the Delisting Resolution.

3 The Company's reasons for seeking approval to delist the Company from the SGX- ST are as follows: (A) (B) The Offeror has stated in the offer document comprising part of the Composite Document, the Level of Acceptances Announcement and the Close of Offer Announcement that the Offeror does not intend to preserve the listing status of the Company and has no intention of undertaking or supporting any action for any trading suspension of the Shares by the SGX- ST to be lifted. The Offeror intends to take steps to delist the Company from the SGX-ST following the close of the Offer. The Company complies with the requirements under Rule 1309 of the Listing Manual as follows: 2.2 The AGM and AR Waivers (1) as stated in the Level of Acceptances Announcement and Close of Offer Announcement, the Offeror is, inter alia, entitled to, and will in due course, exercise its right of compulsory acquisition under Section 215(1) of the Companies Act to compulsorily acquire all the Shares of the Dissenting Shareholders at a price equal to the offer price of S$1.30 in cash for each Share (the "Offer Price"). Accordingly, in relation to the reasonable exit alternative requirement under Rule 1309(1) of the Listing Manual, each Dissenting Shareholder would receive S$1.30 in cash for each Share held by him; and (2) as at the date hereof, the Shareholders would have received the Composite Document containing, inter alia, the advice of the independent financial adviser (the "IFA") to the Independent Directors as to whether the terms of the Offer are fair and reasonable, as well as the recommendation of the Independent Directors in relation to the Offer. Specifically in relation to the advice of the IFA (as set out in Appendix A to the Composite Document) the IFA has opined that the financial terms of the Offer are fair and reasonable and advised the Independent Directors to recommend that the Shareholders accept the Offer (unless the Shareholders can obtain a price higher than the Offer Price in the open market, taking into account the related expenses such as brokerage and trading costs). Accordingly, the Shareholders would have been apprised on whether the terms of the Offer are fair and reasonable. The Company's reasons for seeking the AGM and AR Waivers are as follows: The Company no longer satisfies the requirement under Rule 723 of the Listing Manual to ensure that at least 10 per cent. of the total number of issued Shares (excluding treasury shares) is at all times held by the public (as defined in the Listing Manual). The SGX-ST has suspended trading of the Shares as at 25 April 2017, being the date on which the Offer was closed, pursuant to Rule 1303(1) of the Listing Manual, which provides that where the Offeror succeeds in garnering acceptances exceeding 90 per cent. of the total number of issued Shares (excluding treasury shares), thus causing the percentage of the total number of issued Shares (excluding treasury shares) held in public hands to fall below 10 per cent., the SGX-ST will suspend trading of the Shares at the close of the offer.

4 (c) The Proposed Compulsory Acquisition, when completed, will result in the Offeror becoming the sole Shareholder of the Company. (d) As announced by the Company on the website of the SGX-ST ("SGXNET") on 30 March 2017, the SGX-ST had informed the Company that the SGX-ST has no objection to the Company's application for extension of time to hold its 2016 AGM by Friday, 30 June 2017, subject to certain conditions. (e) (f) Having regard to the foregoing, the Company considers that it would be neither meaningful nor justifiable to incur the costs of preparing and issuing the 2016 Annual Report, and thereafter holding the 2016 AGM, within the timelines required by Rules 707(2) and 707(1) of the Listing Manual respectively. Furthermore, specifically in relation to Rule 707(2) of the Listing Manual, the audited financial statements of the Company for the preceding financial year forms the key component of an annual report. Accordingly, the Company considers that Shareholders are unlikely to be materially prejudiced in respect of their right to receive up-to-date financial information of the Company given that the unaudited financial statements of the Company for FY2016 had earlier been announced by the Company on SGXNET on 28 February 2017, as well as included in the Composite Document. 2.3 The 1Q2017 Waiver The Company's reasons for seeking the 1Q2017 Waiver are as follows: Pursuant to Rule 705(2) of the Listing Manual, the Company must announce the financial statements for each of the first three (3) quarters of its financial year immediately after the figures are available, but in any event not later than 45 days after the quarter end. In the case of the Company, as the first quarter of the new financial year ended on 31 March 2017, the Company is required to announce the 1Q Financial Statements by 15 May The Company considers that it would not be meaningful to announce the 1Q2017 Financial Statements by 15 May 2017, taking into account that: (i) the Proposed Compulsory Acquisition, when completed, will result in the Offeror becoming the sole Shareholder of the Company; the Offeror does not intend to preserve the listing status of the Company and has no intention of undertaking or supporting any action for any trading suspension of the Shares by the SGX-ST to be lifted; and the Offeror intends to take steps to delist the Company from the SGX-ST following the close of the Offer. 3. CONFIRMATION FROM THE SGX-ST The Board wishes to announce that the SGX-ST had on Tuesday, 16 May 2017, informed the Company that based on the Company's submissions and representations to the SGX-ST, the SGX-ST has no objection to:

5 (i) (iv) the Proposed Delisting of the Company from the Official List of the SGX-ST, subject to the Company announcing the SGX-ST's decision; and completion of the Proposed Compulsory Acquisition; granting the Company a waiver of Rule 705(2) of the Listing Manual in connection with the announcement of the 1Q2017 Financial Statements; granting the Company a waiver of Rules 707(1) and 707(2) of the Listing Manual in connection with the holding of the 2016 AGM and the issue of the 2016 Annual Report respectively; and granting the Company a waiver of Rule 1307 of the Listing Manual, (collectively, the "Waivers") subject to the following conditions: (A) (B) (C) (D) the Company announcing the Waivers, the reasons for seeking the Waivers and the conditions as required under Rule 107 of the Listing Manual; submission of a written confirmation from the Company that the Waivers do not contravene any laws and regulations governing the Company and the Articles; in respect of Rule 705(2), submission of a written confirmation from the Company that it is not aware of any information that will have a material bearing on investors' decisions which has yet to be announced by the Company; and in respect of Rule 707(1), approval from the Accounting & Corporate Regulatory Authority ("ACRA") to grant the Company an extension of time until 30 June 2017 to hold its 2016 AGM. The Company intends to submit the confirmations referred to in the above paragraphs 3(B) and (C) respectively to the SGX-ST. In respect of the approval referred to in the above paragraph 3(D), the Company has obtained from ACRA the approval (the "ACRA Approval") for an extension of time under Section 201(4) of the Companies Act to hold its 2016 AGM by 30 June 2017 and to lay the financial statements which are made up to 31 December 2016 at the 2016 AGM subject to the Company's official delisting from the Main Board of the SGX-ST. The Company intends to submit the ACRA Approval to the SGX-ST. The SGX-ST's agreement to the Proposed Delisting is not an indication of the merits of the Proposed Delisting. The date and time of the delisting of the Shares from the Main Board of the SGX-ST will be announced in due course, following the completion of the Proposed Compulsory Acquisition. BY ORDER OF THE BOARD SUPER GROUP LTD. Tan Cher Liang Company Secretary 17 May 2017

VOLUNTARY UNCONDITIONAL GENERAL OFFER BY DBS BANK LTD., FOR AND ON BEHALF OF STAR ATTRACTION LIMITED, FOR WHEELOCK PROPERTIES (SINGAPORE) LIMITED

(Company Registration No. 197201797H) VOLUNTARY UNCONDITIONAL GENERAL OFFER BY DBS BANK LTD., FOR AND ON BEHALF OF STAR ATTRACTION LIMITED, FOR WHEELOCK PROPERTIES (SINGAPORE) LIMITED APPROVAL FOR (1)