Grant and acceptance of shares (allocation 4) under long Term Incentive Scheme 2010 (“LTIS 2010”) JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE" or “the Company”) GRANT AND ACCEPTANCE OF SHARES (ALLOCATION 4) UNDER LONG TERM INCENTIVE SCHEME 2010 (“LTIS 2010”) Members of the JSE’s executive committee, which includes the executive directors and Company Secretary, have been granted restricted ordinary shares in the Company as set out in this announcement, in accordance with the terms of LTIS 2010. a) Allocation 4 Personal performance shares, vesting of which is subject to: (i) the personal work performance of an executive committee member as assessed over the vesting term; and (ii) an executive committee member remaining in the employ of the JSE for the vesting term. Executive Number of Value of Holding Committee JSE JSE member ordinary ordinary shares shares NEWTON-KING 13 400 R 1 030 728 Direct beneficial TAKOORDEEN 7 300 R 561 516 Direct beneficial BURKE 8 700 R 669 204 Direct beneficial CLARKE 6 500 R 499 980 Direct beneficial CLEARY 5 700 R 438 444 Direct beneficial DAVIES 7 300 R 561 516 Direct beneficial FORSSMAN 6 000 R 461 520 Direct beneficial FOURIE 7 800 R 599 976 Direct beneficial JACOBS 7 400 R 569 208 Direct beneficial PARSONS 9 400 R 723 048 Direct beneficial SMALE 7 800 R 599 976 Direct beneficial STURGESS 5 700 R 438 444 Direct beneficial VAN WAMELEN 7 800 R 599 976 Direct beneficial b) Allocation 4 Corporate performance shares, vesting of which is subject to: (i) the JSE meeting specified corporate performance targets over the vesting term; and (ii) an executive committee member remaining in the employ of the JSE for the vesting term. Executive Number of Value of Holding Committee JSE JSE member ordinary ordinary shares shares NEWTON-KING 28 800 R 2 215 296 Direct beneficial TAKOORDEEN 8 400 R 646 128 Direct beneficial BURKE 9 900 R 761 508 Direct beneficial CLARKE 7 500 R 576 900 Direct beneficial CLEARY 6 500 R 499 980 Direct beneficial DAVIES 8 400 R 646 128 Direct beneficial FORSSMAN 6 800 R 523 056 Direct beneficial FOURIE 8 900 R 684 588 Direct beneficial JACOBS 8 400 R 646 128 Direct beneficial PARSONS 10 700 R 823 044 Direct beneficial SMALE 8 900 R 684 588 Direct beneficial STURGESS 6 500 R 499 980 Direct beneficial VAN WAMELEN 8 900 R 684 588 Direct beneficial One-half of the personal performance and corporate performance shares will vest on 1 June 2016 and the remaining half on 1 June 2017, subject to the applicable vesting conditions being achieved. All share awards are subject to the LTIS 2010 Rules, as approved by shareholders at the annual general meeting held on 22 April 2010. Approval for the above on-market individual allocations and clearance to transact has been granted by the Chairman of the Board. All individual share allocations as indicated above have been accepted by the members of the executive committee on 16 May 2013, conditional on the acquisition of all the shares in the market by 17 May 2013. ACQUISITION OF SHARES BY JSE LTIS 2010 TRUST (the “Trust”) The Trust has acquired a total of 457 100 JSE ordinary shares in the open market during the period 29 April 2013 – 17 May 2013 in order to fulfil the Allocation 4 share awards granted to members of the executive committee and other senior members of JSE staff. Shareholders have granted the following permissions in respect of the acquisition of JSE ordinary shares: (i) Acquisition of JSE ordinary shares in the open market granted in terms of special resolution #1 as approved by the requisite majority of shareholders at the Company’s AGM on 22 April 2010; and (ii) Provision of financial assistance to the Trust in order to acquire the shares granted in terms of special resolution #1 as approved by the requisite majority of shareholders at an Extraordinary Meeting on 22 June 2012. These ordinary shares are held in trust and are restricted until all vesting conditions are fulfilled whereupon the shares vest. Should the vesting conditions not be fulfilled the share awards are forfeited. These JSE ordinary shares were acquired at a volume-weighted average price of R76.92 per ordinary share which is the deemed price attributable to the transactions above. The high for the period was 8001 and the low for the period was 7320. Sandton 20 May 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/05/2013 10:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.