DISTELL GROUP LIMITED - Dealings in securities by director

Dealings in securities by director

DISTELL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
ISIN: ZAE000028668
Share Code: DST
("Distell")

DEALINGS IN SECURITIES BY DIRECTOR

An Executive director of Distell Limited (major subsidiary of
Distell) accepted share appreciation rights ("SARs") in respect of
Distell ordinary shares on 26 October 2015 at a grant price of
R170.30 per SAR, which is based on the closing price of Distell
shares on 21 October 2015.


DIRECTOR          COMPANY      NUMBER OF     TOTAL VALUE OF    NATURE OF
                               SARS          TRANSACTION       INTEREST
K Pillay          Distell      20 763        R3 535 938.90     Direct
                  Limited                                      beneficial



On condition that all performance conditions have been met, the
SARs may be exercised as follows:

  -   up to one third of the SARs may be exercised on or after the
      third anniversary of the date of grant;
  -   up to two thirds of the SARs may be exercised on or after
      the fourth anniversary of the date of grant, to the extent
      that they have not been exercised previously;
  -   all of the SARs may be exercised on or after the fifth
      anniversary of the date of grant, to the extent that they
      have not been exercised previously; and
  -   all SARs must be exercised by the seventh anniversary of the
      date of grant.

Clearance for the above transaction, which was completed off-market, 
has been obtained.


Stellenbosch
26 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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