Directors’ dealings in securities METAIR INVESTMENTS LIMITED (Reg No. 1948/031013/06) (Incorporated in the Republic of South Africa) Share code : MTA ISIN code : ZAE000090692 (“Metair” or “Company”) DIRECTORS’ DEALINGS IN SECURITIES In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited (“Listings Requirements”), we hereby advise of the following acceptances of bonus shares (“Bonus Shares”), which may be settled in cash or Metair ordinary shares, in terms of The Metair Investments Limited 2009 Share Plan, by directors of the Company and its major subsidiaries (“Participants”). The terms and conditions of the Bonus Shares are: Date of award 26 October 2015 Number of Bonus Shares awarded to 300 000 participants Price paid per Bonus Share Nil Total value of transaction Nil Nature of transaction Acceptance of Bonus Shares Vesting date Equal thirds starting on 26 October 2020, 2021 and 2022 Vesting period Bonus Shares will start vesting on the fifth anniversary of the award in equal thirds Transaction completed on market No Clearance obtained in terms of paragraph Yes 3.66 of the Listings Requirements The nature of the interest of all Participants is direct beneficial. The Bonus Shares were accepted by the following Participants: Director Company name No. of Bonus Deemed value Shares of Bonus accepted Shares (Rand) Mr G. Paker Mutlu Holding Anonim 50 000 1 502 500 Sirketi Mr S. Douwenga Metair 250 000 7 512 500 Johannesburg 28 October 2015 Sponsor One Capital Date: 28/10/2015 09:17:00 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.