Statement re Cancellation of Expired Warrants

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

18 August 2017

ATLAS MARA LIMITED

Cancellation of expired warrants

Atlas Mara Limited (the "Company") today announces that the 32,529,500 outstanding warrants (the "Warrants") issued pursuant to the terms of a warrant instrument executed by the Company on 17 December 2013 (the "Warrant Instrument") will be de-listed and cancelled following their expiration on 21 August 2017.

In accordance with the terms of the Warrant Instrument, the subscription period, during which subscription rights in respect of ordinary shares granted to the holders of the Warrants are to have been exercised, will end at 5:00pm on 21 August 2017, and the outstanding Warrants will lapse.

This announcement is unrelated to, and has no impact on, the recently announced Firm Placing and Placing and Open Offer timetable.

For further information please contact:

InvestorsJohn-Paul Crutchley +971 4 275 6000Kojo Dufu, +1 212 883 4330

MediaTeneo Blue Rubicon, Anthony Silverman +44 20 3757 9231

About Atlas Mara

Atlas Mara Limited (ATMA.L) is a financial services institution listed on the London Stock Exchange. Its vision is to create sub-Saharan Africa's premier financial services institution through organic and inorganic growth by combining the best of global institutional knowledge with extensive local insights. With a presence in seven sub-Saharan countries, Atlas Mara aims to be a positive disruptive force in the markets in which we operate by leveraging technology to provide innovative and differentiated product offerings, excellent customer service and accelerate financial inclusion in the countries in which the Company operates. For more information, visit www.atlasmara.com. 

This announcement has been issued by and is the sole responsibility of Atlas Mara Limited.