Directors' dealings in securities THE BIDVEST GROUP LIMITED (“Bidvest”) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE 000117321 DIRECTORS’ DEALINGS IN SECURITIES In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: The following director has exercised his rights and sold shares in terms of the Bidvest Incentive Loan Scheme as follows: Executive Director: Brian Joffe Number of shares: 48 324 Price of shares: R108.54 Date of transaction: November 17 2015 Number of shares sold 48 324 Selling price: R345.0012 Total Value: R16 671 837.99 Class of shares: Ordinary Nature of transaction: Sale of loan scheme shares Nature of interest: Beneficial The cost of the original purchase price of the shares and interest capitalised amounted to R4 330 985.82 and was deducted from the proceeds of the sale of the shares and utilised to reduce the total carrying value of the loan. Net proceeds payable to B Joffe, prior to any personal taxes being paid, was R12 340 852.17. Clearance in terms of paragraph 3.66 was obtained from the Remuneration committee Chairman of Bidvest. All the dealings in securities were done on-market. Date: November 18 2015 Johannesburg Sponsor: Investec Date: 18/11/2015 04:05:00 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.