Dealings in securities by directors pursuant to the Conduit Capital Rights Offer Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital” or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS PURSUANT TO THE CONDUIT CAPITAL RIGHTS OFFER In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Mr Lourens Louw Company: Conduit Capital Limited Type of securities: Nil paid letters Class of securities: Ordinary Nature of the transaction: On market sale of rights pursuant to the Conduit Capital Rights Offer Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Date of transaction: 23 November 2015 24 November 2015 Price per security: R0.85 R0.60 Number of securities: 9 600 45 769 Total value: R8 160.00 R27 461.40 Name of director: Mr Gavin Toet Company: Conduit Capital Limited Type of securities: Nil paid letters Class of securities: Ordinary Nature of the transaction: On market sale of rights pursuant to the Conduit Capital Rights Offer Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Date of transaction: 23 November 2015 24 November 2015 Price per security: R0.85 R0.60 Number of securities: 9 600 45 770 Total value: R8 160.00 R27 462.00 Name of director: Mr Robert Shaw Company: Conduit Capital Limited Type of securities: Nil paid letters Class of securities: Ordinary Nature of the transaction: On market sale of rights pursuant to the Conduit Capital Rights Offer Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Date of transaction: 24 November 2015 Price per security: R0.60 Number of securities: 45 770 Total value: R27 462.00 Johannesburg 25 November 2015 Sponsor Merchantec Capital Date: 25/11/2015 04:45:00 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.