Allocation of Forfeitable Shares PPC Ltd Incorporated in the Republic of South Africa Registration number 1892/000667/06 JSE share code: PPC ZSE share code: PPC JSE ISIN: ZAE000170049 (“PPC” or the “Company”) ALLOCATION OF FORFEITABLE SHARES In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following directors and company secretary of the Company have been awarded and accepted shares in terms of the company’s Forfeitable Share Plan (FSP): Name of executive director: Ketan Manecklal Gordhan Designation: Chief Executive Officer Number of shares awarded: 240 600 FSP shares of which 200 500 are subject to performance conditions. Price at which shares were awarded: R29.17 Value: R7 018 943 Date of award: 18 February 2014 Acceptance of award: 14 March 2014 Vesting: 17 February 2017 Nature of transaction: Direct beneficial Clearance obtained: Yes Name of executive director: Mmakeaya Magoro Tryphosa Ramano Designation: Chief Financial Officer Number of shares awarded: 128 700 FSP shares of which all are subject to performance conditions. Price at which shares were awarded: R29.17 Value: R3 754 522 Date of award: 18 February 2014 Acceptance of award: 14 March 2014 Vesting: 17 February 2017 Nature of transaction: Direct beneficial Clearance obtained: Yes Name of Company Secretary: Jacobus Hendrik De La Rey Snyman Designation: Company Secretary Number of shares awarded: 24 100 FSP shares of which 15 100 are subject to performance conditions. Price at which shares were awarded: R29.17 Value: R703 061 Date of award: 18 February 2014 Acceptance of award: 14 March 2014 Vesting: 17 February 2017 Nature of transaction: Direct beneficial Clearance obtained: Yes All the aforementioned trades were done off-market. Sandton 14 March 2014 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 14/03/2014 01:00:00 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.