Exercise of options and dealings in securities by Directors NIVEUS INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1996/005744/06) Share code: NIV ISIN: ZAE000169553 (“Niveus”) EXERCISE OF OPTIONS AND DEALING IN SECURITIES BY DIRECTORS A) EXERCISE OF OPTIONS BY DIRECTORS In compliance with Rules 3.63 - 3.74 of the JSE Limited Listings Requirements the following information regarding the exercise of options is disclosed: Director: Mr A van der Veen Company of which I am a director: Niveus Investments Limited Status: Executive/Non-executive: Executive Date of transaction: 23 September 2015 Nature of transaction: Exercise of options awarded by Johnnic Holdings Management Services Limited (Off Market) Nature of interest: Direct, Beneficial Number of shares acquired: 396 980 Class of shares: Ordinary Price (cost price of exercise of option): R5.51 Exercise price: R26.70 Total value of transaction: R10 599 366 Period of exercise: Participants have a 90 day period from the strike date during which options can be exercised Director: Ms MM Loftie-Eaton Company of which I am a director: Niveus Investments Limited Status: Executive/Non-executive: Executive Date of transaction: 23 September 2015 Nature of transaction: Exercise of options awarded by Johnnic Holdings Management Services Limited (Off Market) Nature of interest: Direct, Beneficial Number of shares acquired: 48 221 Class of shares: Ordinary Price (cost price of exercise of option): R5.46 Exercise price: R26.70 Total value of transaction: R1 287 500.70 Period of exercise: Participants have a 90 day period from the strike date during which options can be exercised Clearance obtained in terms of section 3.66 of the JSE Listings Requirements was obtained. B) DEALING IN SECURITIES BY DIRECTORS In compliance with Rules 3.63 - 3.74 of the JSE Limited Listings Requirements the following information regarding the dealing in the securities is disclosed: Director: Mr A van der Veen Company of which I am a director: Niveus Investments Limited Status: Executive/Non-executive: Executive Date of transaction: 23 September 2015 Nature of transaction: Off-market sale of securities Nature of Interest: Direct, Beneficial Class of Shares: Ordinary shares Number of shares: 396 980 Price (selling price of shares): R26.70 Value of transaction: R10 599 366 Director: Ms MM Loftie-Eaton Company of which I am a director: Niveus Investments Limited Status: Executive/Non-executive: Executive Date of transaction: 23 September 2015 Nature of transaction: Off-market sale of securities Nature of Interest: Direct, Beneficial Class of Shares: Ordinary shares Number of options: 48 221 Price (selling price of shares): R26.70 Value of transaction: R1 287 500.70 Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained. Cape Town 28 September 2015 Sponsor: PSG Capital Proprietary Limited Date: 28/09/2015 12:37:00 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.