Dealings in securities by directors, by the company secretary and by the JSE LTIS 2010 Trust JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE" or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS, BY THE COMPANY SECRETARY AND BY THE JSE LTIS 2010 TRUST Members of the JSE’s executive committee, which includes the executive directors and Company Secretary, have accepted grants of restricted ordinary shares (“Allocation 5”) in the Company, as set out in this announcement, in accordance with the terms of the Long Term Incentive Scheme 2010 (“LTIS 2010”). Allocation 5 comprises shares, the vesting of which is subject to: (i) the JSE achieving 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 ordinary JSE ordinary member shares shares NEWTON-KING 49 790 R 5 092 070 Direct beneficial TAKOORDEEN 18 120 R 1 853 150 Direct beneficial BURKE 20 610 R 2 107 804 Direct beneficial CLARKE 15 030 R 1 537 132 Direct beneficial CLEARY 14 140 R 1 446 111 Direct beneficial DAVIES 17 420 R 1 781 560 Direct beneficial FORSSMAN 14 430 R 1 475 770 Direct beneficial FOURIE 19 120 R 1 955 420 Direct beneficial JACOBS 17 420 R 1 781 560 Direct beneficial MASHIGO 11 550 R 1 181 229 Direct beneficial PARSONS 22 100 R 2 260 188 Direct beneficial SMALE 18 420 R 1 883 831 Direct beneficial STURGESS 13 740 R 1 405 203 Direct beneficial VAN WAMELEN 19 120 R 1 955 420 Direct beneficial One-half of the shares will be released on 1 June 2017 and the remaining half on 1 June 2018, 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 (grant and acceptance) and clearance to deal 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 23 May 2014. ACQUISITION OF SHARES BY JSE LTIS 2010 TRUST (the “Trust”) The Trust has acquired, on behalf of all the LTIS 2010 participants, a total of 422 870 JSE ordinary shares in the open market during the period 9 May 2014 – 22 May 2014 in order to fulfil the share awards as granted under Allocation 5. At the Company’s annual general meeting held on 8 May 2014, shareholders granted the following permissions in respect of the acquisition of JSE ordinary shares in connection with LTIS 2010: (i) Acquisition of JSE ordinary shares in the open market, granted in terms of special resolution #4 approved by the requisite majority of shareholders; and (ii) Provision of specific financial assistance to the Trust for the purpose of acquiring the shares, granted in terms of special resolution #5 approved by the requisite majority of shareholders. These ordinary shares are held in trust and are restricted until all vesting conditions are fulfilled whereupon the shares vest. To the extent that the vesting conditions are not fulfilled the share awards are forfeited. These JSE ordinary shares were acquired at a volume-weighted average price (including all execution costs) of R102.27 per ordinary share. The high for the period was R106.85 and the low for the period was R99.96. Sandton 23 May 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23/05/2014 05:40:00 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.