Dealing In PSG Shares By Directors And/Or Their Associates PSG Group Limited Incorporated in the Republic of South Africa Registration number: 1970/008484/06 Share code: PSG ISIN code: ZAE000013017 (“PSG”) DEALING IN PSG SHARES BY DIRECTORS AND/OR THEIR ASSOCIATES Below mentioned PSG directors and/or their associates received PSG ordinary shares pursuant to the implementation of the scheme of arrangement between Thembeka Capital (RF) Limited and its shareholders, in terms of which PSG acquired all the ordinary shares in Thembeka not already held by PSG and its subsidiaries, the details of which were set out in the circular dated 15 October 2014 (“Scheme”). In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTOR PE Burton COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON- Non-executive EXECUTIVE TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 12 January 2015 CENTS PER SHARE 9 756 (1) – (2) NUMBER OF SECURITIES 191 675 (1) TRANSACTED 2 515 055 (2) TOTAL RAND VALUE OF R18 699 813 (1) SECURITIES R245 368 765 (2) NAME OF ASSOCIATE The Patrick Burton (1) Family Trust PSG Group BEE Employee (2) Trust RELATIONSHIP WITH The director is a (1) DIRECTOR trustee and beneficiary of the associate The director is a (2) trustee of the associate NATURE OF TRANSACTION Acquisition of shares (1) – (2) pursuant to the Scheme (Off-market transaction) NATURE AND EXTENT OF Indirect, beneficial (1) INTEREST IN THE Indirect, non-beneficial (2) TRANSACTION CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR ZL Combi COMPANY OF WHICH I AM A DIRECTOR PSG Group Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 12 January 2015 CENTS PER SHARE 9 756 NUMBER OF SECURITIES TRANSACTED 654 500 TOTAL RAND VALUE OF SECURITIES R63 853 020 NATURE OF TRANSACTION Acquisition of shares pursuant to the Scheme (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION CLEARANCE OBTAINED Yes 3. NAME OF DIRECTOR PJ Mouton COMPANY OF WHICH I AM A DIRECTOR PSG Group Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 12 January 2015 CENTS PER SHARE 9 756 NUMBER OF SECURITIES TRANSACTED 170 000 TOTAL RAND VALUE OF SECURITIES R16 585 200 NAME OF ASSOCIATE The Koktyls BEE Employee Trust RELATIONSHIP WITH DIRECTOR The director is a trustee of the associate NATURE OF TRANSACTION Acquisition of shares pursuant to the Scheme (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Indirect, non-beneficial THE TRANSACTION CLEARANCE OBTAINED Yes 16 January 2015 Stellenbosch Sponsor PSG Capital Date: 16/01/2015 05:05:00 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.