Directors' conditional share plan award and delivery of shares THE BIDVEST GROUP LIMITED (Registration number 1946/021180/06) Share code: BVT ISIN ZAE 000117321 (“Bidvest”) DIRECTORS’ CONDITIONAL SHARE PLAN AWARD AND DELIVERY OF SHARES In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed by the following Directors and Company Secretary in terms of the Bidvest Conditional Share Plan (“CSP”) as follows: Executive Director: Brian Joffe Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 106 484 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial Executive Director: Bernard Berson Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 70 989 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial Executive Director: Lindsay Ralphs Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 70 989 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial Executive Director: David Cleasby Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 53 242 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial Executive Director: Anthony Dawe Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 29 057 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial Company secretary: Craig Brighten Date of transaction: October 16 2014 Number of Bidvest shares accrued in terms of CSP award: 5 324 Class of shares: Ordinary shares Nature of transaction: Award of shares in accordance with a Conditional Share Plan award Nature of interest: Direct beneficial The Company is currently in a self-imposed closed period (“closed period”) due to the announcement around the investigation around the benefits of the potential listing of the food service business. In terms of the JSE Listing Requirements, the aforementioned persons cannot acquire a Bidvest share during a closed period. Accordingly in terms of the CSP rules, the delivery/settlement of the awarded Bidvest shares will be postponed until the expiry of the closed period. Clearance in terms of paragraph 3.66 was obtained from the Chairman of the Remuneration Committee and all awards are off market. Date: October 17 2014 Johannesburg Sponsor: Investec Bank Limited Date: 17/10/2014 04:45:00 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.