DISTELL GROUP LIMITED - Exercise of options and subsequent sale of shares by a director of a major subsidiary

Exercise of options and subsequent sale of shares by a director of a major subsidiary

Distell Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1988/005808/06
ISIN Code: ZAE000028668
Share code: DST

EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SHARES BY A DIRECTOR OF
A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director                       :   JP Steyn
Company                        :   South African Distilleries and Wines
                                   SA Ltd (a major subsidiary of Distell
                                   Group Limited)
Date of transaction            :   06 October 2017

Nature of transaction          :   Off market exercise of share options in
                                   terms of the Distell Group Share Scheme
Class of securities            :   Options in respect of ordinary shares
Number of options exercised    :   5 497
Option strike price            :   R72.00
Total value of transaction     :   R395 784.00

Nature of transaction          :   On market sale of securities
Class of securities            :   Ordinary shares
Number of securities           :   749
Selling price                  :   R130.00
Total value of transaction     :   R97 370.00



In respect of the above transactions, clearance to trade was granted
and the nature of the interest is direct/beneficial.

Stellenbosch
09 October 2017

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

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