Dealings in PSG shares by a Director following the Thembeka Capital (Rf) Limited (“Thembeka”) Scheme of Arrangement PSG Group Limited Incorporated in the Republic of South Africa Registration number: 1970/008484/06 Share code: PSG ISIN code: ZAE000013017 (“PSG”) DEALINGS IN PSG SHARES BY A DIRECTOR FOLLOWING THE THEMBEKA CAPITAL (RF) LIMITED (“THEMBEKA”) SCHEME OF ARRANGEMENT IN 2015 In compliance with rules 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: The Thembeka Scheme of Arrangement became effective in January 2015 in terms of which Thembeka shareholders were given a liquidity event by receiving PSG shares as consideration. Thembeka’s BEE shareholders had limited liquidity before then. Mr Combi consequently disposed of part of his PSG shares emanating from the Thembeka Scheme of Arrangement in order to, inter alia, settle debt obligations. 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 TRANSACTIONS 28 January 2015 (1) 29 January 2015 (2) 30 January 2015 (3) 2 February 2015 (4) CENTS PER SHARE Average: 13 298.41 (1) High: 13 360 Low: 13 050 Average: 13 278.15 (2) High: 13 487 Low: 13 202 Average: 13 247.50 (3) High: 13 378 Low: 13 170 Average: 13 253.38 (4) High: 13 500 Low: 13 206 NUMBER OF SECURITIES TRANSACTED 9 391 (1) 22 109 (2) 96 000 (3) 37 000 (4) TOTAL RAND VALUE OF SECURITIES R1 248 853.68 (1) R2 935 666.18 (2) R12 717 600.00(3) R4 903 750.60 (4) NATURE OF TRANSACTIONS Disposal of shares by a director (On-market transaction) NATURE AND EXTENT OF INTEREST IN THE TRANSACTION Direct, beneficial CLEARANCE OBTAINED Yes 8 May 2015 Stellenbosch Sponsor PSG Capital Proprietary Limited Date: 08/05/2015 05:00:00 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.