X0306 4 2020-09-24 0001041514 NET 1 UEPS TECHNOLOGIES INC UEPS 0001293885 Ball Antony C PRESIDENT PLACE, 4TH FLOOR CNR. JAN SMUTS AVENUE AND BOLTON ROAD JOHANNESBURG T3 2196 SOUTH AFRICA true Common stock 2020-09-24 4 P 0 97342 3.13 A 9413683 I See Footnotes Common stock 2020-09-25 4 P 0 139317 3.18 A 9553000 I See Footnotes The purchase by Value Capital Partners (Pty) Ltd ("VCP") of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("Net 1") reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 97,342 Shares, with VCP's sale of 97,342 Shares at a price of $3.5 per Share on April 23, 2020. VCP has agreed to pay to Net 1, upon settlement of the sale, $35,724.51, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs. Purchase prices for the transactions reported here range from $3.06 to $3.16. Full information regarding the number of Shares purchased at each separate price will be provided to the SEC, Net1 or its shareholders upon request. The purchase by VCP of the Shares reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 139,317 Shares, with VCP's sale of 139,317 Shares at a price of $3.5 per Share on April 23, 2020. VCP has agreed to pay to Net 1, upon settlement of the sale, $44,038.10, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs. VCP, of which the reporting person is a minority shareholder and its chairman, has been appointed as investment manager to a South African collective investment scheme trust and certain segregated accounts (the "VCP Managed Funds"), providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP and accordingly the reporting person may be deemed to be the beneficial owner of such Shares. The reporting person disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein. Purchase prices for the transactions reported here range from $3.13 to $3.20. Full information regarding the number of Shares purchased at each separate price will be provided to the SEC, Net1 or its shareholders upon request. /s/ Antony C Ball 2020-09-28