Dealings In Company Shares KAP Industrial Holdings Limited Incorporated in the Republic of South Africa) Registration number: 1978/000181/06 Share Code: KAP ISIN: ZAE0000171963 (“KAP”, “the Company” or “the Group”) DEALINGS IN COMPANY SHARES Vesting of Share Rights allocated in 2012 The 2012 allocation of share rights issued at 20 cents per share under the KAP Performance Share Rights Scheme (“the Share Rights Scheme”) in December 2012 vested with effect from 1 December 2015. Pursuant to this vesting, the following directors of KAP and of its major subsidiaries received ordinary shares of no par value in KAP in accordance with the provisions of the Share Rights Scheme :- NAME OF DIRECTOR Karel Johan Grove COMPANY KAP Industrial Holdings Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme(off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 2 377 036 TOTAL RAND VALUE OF SECURITIES R16 900 726.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Gary Noel Chaplin COMPANY KAP Industrial Holdings Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 1 125 336 TOTAL RAND VALUE OF SECURITIES R8 001 139.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR John Peter Haveman COMPANY KAP Industrial Holdings Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 841 373 TOTAL RAND VALUE OF SECURITIES R5 982 162.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Ugo Marco Gianni Frigerio COMPANY KAP Automotive (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 691 472 TOTAL RAND VALUE OF SECURITIES R4 916 366.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Gerhardus Victor COMPANY PG Bison Holdings (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 563 656 TOTAL RAND VALUE OF SECURITIES R4 007 594.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Frans Hendrik Olivier COMPANY PG Bison Holdings (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 472 877 TOTAL RAND VALUE OF SECURITIES R3 362 155.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Leigh Randall Pollard COMPANY PG Bison (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 445 890 TOTAL RAND VALUE OF SECURITIES R3 170 278.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Gavin van der Merwe COMPANY PG Bison (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 759 133 TOTAL RAND VALUE OF SECURITIES R5 397 436.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Nico Boshoff COMPANY Unitrans Holdings (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 1 009 647 TOTAL RAND VALUE OF SECURITIES R7 178 590.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Theunis Roux Nel COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 637 039 TOTAL RAND VALUE OF SECURITIES R4 529 347.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Peter Eric Hancock COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 609 204 TOTAL RAND VALUE OF SECURITIES R4 331 440.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Ray Hemraj Singh COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 609 204 TOTAL RAND VALUE OF SECURITIES R4 331 440.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Sibusiso Penwell Lunga COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 268 635 TOTAL RAND VALUE OF SECURITIES R1 909 995.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION NAME OF DIRECTOR Thembinkosi Siyolo COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director TYPE OF SECURITIES Ordinary shares of no par value NATURE OF VESTING Vesting of share rights scheme (off- market) MARKET PRICE PER SHARE 711 NUMBER OF SECURITIES 377 650 TOTAL RAND VALUE OF SECURITIES R2 685 092.00 NATURE AND EXTENT OF DIRECTOR’S Direct Beneficial INTEREST IN THE TRANSACTION The total rand value of the securities listed above is based on the closing price of KAP shares on 1 December 2015. The vesting of these share rights was in terms of the Share Rights Scheme and accordingly, no clearance as template in Rule 3.66 of the Listings Requirements is required. By order of the Board Steinhoff Africa Secretarial Services Proprietary Limited Company Secretary 03 December 2015 Sponsor: PSG Capital Proprietary Limited Date: 03/12/2015 05:10:00 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.