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”) 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: 25 November 2015 26 November 2015 26 November 2015 Price per security: R0.70 R0.60 R0.61 Number of securities: 33 176 453 007 5 000 Total value: R23 223.20 R271 804.20 R3 050.00 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: 25 November 2015 Price per security: R0.70 Number of securities: 33 175 Total value: R23 222.50 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: 25 November 2015 26 November 2015 26 November 2015 Price per security: R0.70 R0.60 R0.61 Number of securities: 33 175 17 204 5 000 Total value: R23 222.50 R10 322.40 R3 050.00 Johannesburg 27 November 2015 Sponsor Merchantec Capital Date: 27/11/2015 04:52:00 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.