DISTELL GROUP LIMITED - Dealings in securities by directors

Dealings in securities by directors

DISTELL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
ISIN: ZAE000028668
Share Code: DST
(“Distell”)

DEALINGS IN SECURITIES BY DIRECTORS

Executive directors of Distell and directors of Distell Limited and South African Distilleries and
Wines (SA) Limited (major subsidiaries of Distell) accepted share appreciation rights (“SARs”) in
respect of Distell ordinary shares on 22 October 2015 and 23 October 2015 at a grant price of R170.30
per SAR, which is based on the closing price of Distell shares on 21 October 2015.

                      COMPANY             NUMBER OF    TOTAL VALUE OF     NATURE OF INTEREST
                                          SARS         TRANSACTION
RM Rushton            Distell             142 116      R24 202 354.80     Direct beneficial
L Malan               Distell             11 040       R1 880 112.00      Direct beneficial
(Company Secretary)
W Buhrmann            Distell Limited     85 170       R14 504 451.00     Direct beneficial
PF Carolin            Distell Limited     20 895       R3 558 418.50      Direct beneficial
VC de Vries           Distell Limited     14 883       R2 534 574.90      Direct beneficial
C Gous                Distell Limited     25 059       R4 267 547.70      Direct beneficial
DM Hegland            Distell Limited     40 818       R6 951 305.40      Direct beneficial
SW Klopper            Distell Limited     36 348       R6 190 064.40      Direct beneficial
MG Lambrechts         Distell Limited     19 167       R3 264 140.10      Direct beneficial
CLC Snyman            Distell Limited     32 991       R5 618 367.30      Direct beneficial
DM Ullrich            Distell Limited     13 869       R2 361 890.70      Direct beneficial
JJ Venter             Distell Limited     29 994       R5 107 978.20      Direct beneficial
LC Verwey             Distell Limited     56 451       R9 613 605.30      Direct beneficial
JP Steyn              South African
                      Distilleries and
                      Wines(SA) Limited   15 894     R 2 706 748.20       Direct beneficial

On condition that all performance conditions have been met, the SARs may be exercised as follows:

  -   up to one third of the SARs may be exercised on or after the third anniversary of the date of
      grant;
  -   up to two thirds of the SARs may be exercised on or after the fourth anniversary of the date
      of grant, to the extent that they have not been exercised previously;
  -   all of the SARs may be exercised on or after the fifth anniversary of the date of grant, to
      the extent that they have not been exercised previously; and
  -   all SARs must be exercised by the seventh anniversary of the date of grant.

Clearance for the above transactions has been obtained, and all transactions were completed off
market.


Stellenbosch
26 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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