Acceptances of long term incentives by directors and the company secretary Mr Price Group Limited Registration number 1933/004418/06 Incorporated in the Republic of South Africa ISIN: ZAE000200457 JSE share code: MRP (“the Company” or “the Group”) ACCEPTANCES OF LONG TERM INCENTIVES BY DIRECTORS AND THE COMPANY SECRETARY In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following off-market acceptances of options and shares in respect of ordinary shares on 30 November 2015 by Directors and the Company Secretary of Mr Price Group Limited. The routine long term incentive schemes (LTI’s) were designed to be rolling in nature, such that shares vesting on an annual basis would be replaced by additional awards. This transaction represents the ‘top up award’ for those LTI’s vesting in November 2015. Mr Price Share Option Schemes Number of options Option strike Name Total value of transaction granted price Executive Director Share Scheme Stuart Bird 110 459 R200.01 R22 094 905 Mark Blair 64 784 R200.01 R12 957 448 Steve Ellis 15 448 R200.01 R3 089 754 Senior Management Share Scheme Helen Grosvenor 2 863 R200.01 R572 629 Mr Price Executive Forfeitable Share Plan Total EFSP Share price on Total value of Name Vanilla award Performance award granted date of offer transaction Stuart Bird 10 173 10 173 20 346 R200.01 R4 069 403 Mark Blair 5 967 5 967 11 934 R200.01 R2 386 919 Steve Ellis 1 423 1 423 2 846 R200.01 R569 228 The “vanilla” shares vest in 5 years, at a strike price of Rnil, subject to certain employment criteria. The “performance” shares vest in 5 years, at a strike price of Rnil, subject to the attainment of headline earnings per share targets linked to the Group’s strategic plan. The shares awarded have been purchased on behalf of the participants, who receive voting rights and dividends during the vesting period. The nature of interest for all the persons concerned is direct beneficial and the grant and acceptances were authorised by the Remuneration and Nominations Committee and clearance obtained from the Chairman. Durban 30 November 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30/11/2015 03:00:00 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.