Dealing in securities by a director of a major subsidiary Clover Industries Limited (Incorporated in the Republic of South Africa) (Registration number 2003/030429/06) Ordinary Share code: CLR ISIN No: ZAE000152377 DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : James Henry Ferreira Botes Company : Clover S.A. Proprietary Limited Nature of transaction : On market sale of securities Class of securities : Ordinary shares Date of transaction : 20 March 2015 Number of securities : 115 175 Volume weighted average selling price : R18.08 Highest price : R18.80 Lowest price : R18.03 Total value of transaction : R2 082 364 Nature of interest : Direct beneficial Clearance obtained : Yes The funds received from the selling of ordinary shares will be used to, inter alia, settle Dr Botes Pay As You Earn obligation which had arisen as a result of the exercise of share appreciation rights (“SARs”) by Dr Botes in terms of The Restated Share Appreciation Rights Plan. For further details regarding the exercise of SARs, we refer you to the announcement released on SENS on 17 March 2015. Johannesburg 23 March 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23/03/2015 08:00:00 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.