Dealings by a Director of a Major Subsidiary and their Associate ROLFES HOLDINGS LIMITED Registration number 2000/002715/06 Share Code: RLF ISIN Code: ZAE000159836 (“Rolfes”) DEALINGS BY A DIRECTOR OF A MAJOR SUBSIDIARY AND THEIR ASSOCIATE In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements the following dealings in Rolfes Ordinary Shares should be noted: Name of subsidiary company Bragan Chemical Proprietary Limited Name of director CH Taylor Nature of transactions Purchase of Shares Nature of interest Direct beneficial Clearance to deal Yes Date of transaction 12 November 2015 Number of shares 35 000 Highest price R2.88 Lowest price R2.90 Weighted average price R2.90 Total value of transaction(/s) R101 401.40 Date of transaction 2 December 2015 Number of shares 250 000 Price R3.07 Total value of transaction(/s) R767 500.00 Date of transaction 4 December 2015 Number of shares 300 000 Highest price R2.75 Lowest price R2.85 Weighted average price R2.78 Total value of transaction(/s) R835 000.00 Date of transaction 9 December 2015 Number of shares 200 000 Price R2.75 Total value of transaction(/s) R550 000.00 Date of transaction 10 December 2015 Number of shares 200 000 Price R2.75 Total value of transaction(/s) R550 000.00 Date of transaction 14 December 2015 Number of shares 14 000 Price R2.75 Total value of transaction(/s) R38 500.00 Name of subsidiary company Bragan Chemical Proprietary Limited Name of associate of director J Taylor (wife of CH Taylor) Nature of transactions Purchase of Shares Nature of interest Direct beneficial Date of transaction 2 December 2015 Number of shares 250 000 Price R3.07 Total value of transaction(/s) R767 500.00 Date of transaction 4 December 2015 Number of shares 300 000 Highest price R2.75 Lowest price R2.85 Weighted average price R2.78 Total value of transaction(/s) R835 000.00 Date of transaction 8 December 2015 Number of shares 200 000 Price R2.75 Total value of transaction(/s) R550 000.00 Date of transaction 10 December 2015 Number of shares 200 000 Price R2.75 Total value of transaction(/s) R550 000.00 Date of transaction 11 December 2015 Number of shares 5 628 Price R2.75 Total value of transaction(/s) R15 477.00 Date of transaction 14 December 2015 Number of shares 43 372 Price R2.75 Total value of transaction(/s) R119 273.00 The above transactions took place on market. 14 December 2015 Johannesburg Sponsor Grindrod Bank Limited Date: 14/12/2015 02:57:00 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.