Automax Motors Ltd. — Capital/Financing Update 2019

Apr 8, 2019

A Letter to the Bondholders' Trustee

Further to the announcement made by Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy" or the "Company") on April 4 and April 7, 2019 regarding the offer it has received to sell all of its shares in Team Internet AG to Rainmaker Investments GmbH (the "Sale Offer") (RNS Number 2145V and 4348V), and further to a voting proxy published by the trustee of the bondholders (the "Trustee") for the approval of the Sale Offer, the Company sent the Trustee a letter clarifying that the Sale Offer was approved by the Company based on the assumption that the consideration paid in such Sale Offer shall be used for the early payment of the bonds at their Par value as of the date of the early payment (provided that such Sale Offer shall be executed and concluded). Accordingly, the bondholders should take this assumption into consideration in determining whether to vote to approve (or reject) the Sale Offer.

Cautionary Statement

THE NEGOTIATIONS RELATING TO THE FINAL TERMS OF THE SALE OFFER ARE STILL NOT FINALIZED AND THERE IS NO CERTAINTY THAT SUCH NEGOTIATIONS WILL RESULT IN A BINDING AGREEMENT.

The announcement is prepared for convenience purposes only and it does not constitute or form part of, and should not be construed as, an offer to sell or issue, or the solicitation of an offer to buy or acquire, securities of Matomy in any jurisdiction or an inducement to enter into any investment activity.

This announcement includes forward-looking statements, which include all statements other than statements of historic facts, including, without limitation, those regarding Matomy's and/or its subsidiaries' (the "Group") financial position, business strategy, plans and objectives of management for future operations, or any statements preceded by, followed by or that include the words "targets", "believes", "expects", "aims", "intends", "will", "may", "anticipates", "would", "could" or similar expressions or negatives thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Group's control that could cause the actual results, performance or achievements of the Group to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Group's present and future business strategies and the environment in which the Group will operate in the future. These forward-looking statements speak only as at the date of this announcement. The Company, its directors and its or their advisers expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any

forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based unless required to do so by applicable law or the Rules of the High Growth Segment.

About Matomy

Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a global media company. Founded in 2007 with headquarters in Tel-Aviv. Matomy is dual-listed on the London and Tel Aviv Stock Exchanges.

For more information: Matomy Media Group Press Contact Information: Noam Yellin, Noam@smartteam.co.il, +972544246720

Website: http://investors.matomy.com LinkedIn: www.linkedin.com/Company/matomy-media-group Twitter: @MatomyGroup Facebook: www.facebook.com/MatomyMediaGroup