Grant of Share Rights in Terms of The JD Group Long-term Share-based Incentive Scheme JD GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1981/009108/06) Share code: JDG ISIN Number: ZAE000030771 ("JD Group” or “the Company”) GRANT OF SHARE RIGHTS IN TERMS OF THE JD GROUP LONG-TERM SHARE- BASED INCENTIVE SCHEME In compliance with rules 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”), the JD Group Board and the JD Group Remuneration Committee (“RemCom”) wish to disclose that, in terms of the mandate obtained from shareholders at the Company’s annual general meeting on 19 November 2014, an off- market grant of share rights over JD Group ordinary shares of no par value, has been made on 19 December 2014 to directors of JD Group and its major subsidiaries under the JD Group Long-Term Share-Based Incentive Scheme. The share rights, which are held directly and beneficially, may mature on the third anniversary of the grant date (i.e. on or about 19 December 2017), subject to the achievement of certain performance criteria, or will otherwise lapse after the afore- mentioned maturity date. The following directors, all being executive directors of the Company or of its major subsidiaries, were granted the below- mentioned number of rights: Total value Number of at a rights at strike Name of R0.05 per price of Director Group Company share R0.05 PM Griffiths JD Group Limited 368 411 18 421 JHN van der Merwe JD Group Limited 313 248 15 662 KR Chauke JD Group Limited 137 550 6 878 TLR de Klerk JDG Trading (Pty) Limited 185 405 9 270 B Stephenson JDG Trading (Pty) Limited 190 897 9 545 MS van JDG Trading Niekerk (Pty) Limited 147 749 7 387 U Böhmer JDG Trading (Pty) Limited 141 786 7 089 A committee of the Board has given the above directors clearance to deal in securities as contemplated in Rule 3.66 of the Listings Requirements. By order of the Board Johannesburg 19 December 2014 Sponsor PSG Capital Proprietary Limited Date: 19/12/2014 09:30:00 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.