Notification of share dealings by a director Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 (“Sephaku Holdings” or “the Company”) Notification of share dealings by a director In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements, shareholders are hereby advised that 164 473 shares previously granted as share options have been exercised along with a simultaneous disposal thereof by the director: Name of director: Pieter Fourie Category of director: Non-executive director Nature of transaction: Off-market exercise of share options Date of exercise of options: 18 December 2015 Class of security: Options in respect of ordinary shares Dates options vested: 15 October 2012 Number of options exercised: 164 473 Option exercise price: 268 cents per share Total value of transaction: R 440 787.64 Nature of transaction: On-market disposal of ordinary shares Date of disposal: 18 December 2015 Number of shares disposed of: 150 000 Price per share: 525 cents per share Value of shares disposed of: R 787 500.00 Nature and extent of director’s interest: Directly Beneficial Nature of transaction: On-market disposal of ordinary shares Date of disposal: 21 December 2015 Number of shares disposed of: 10 000 Price per share: 525 cents per share Value of shares disposed of: R 52 500.00 Nature and extent of director’s interest: Directly Beneficial Nature of transaction: On-market disposal of ordinary shares Date of disposal: 21 December 2015 Number of shares disposed of: 317 Price per share: 530 cents per share Value of shares disposed of: R 1 680.10 Nature and extent of director’s interest: Directly Beneficial Nature of transaction: On-market disposal of ordinary shares Date of disposal: 22 December 2015 Number of shares disposed of: 877 Price per share: 531 cents per share Value of shares disposed of: R 4 656.87 Nature and extent of director’s interest: Directly Beneficial Nature of transaction: On-market disposal of ordinary shares Date of disposal: 22 December 2015 Number of shares disposed of: 296 Price per share: 530 cents per share Value of shares disposed of: R 1 568.80 Nature and extent of director’s interest: Directly Beneficial Nature of transaction: On-market disposal of ordinary shares Date of disposal: 23 December 2015 Number of shares disposed of: 2 983 Price per share: 525 cents per share Value of shares disposed of: R 15 660.75 Nature and extent of director’s interest: Directly Beneficial Clearance given in terms of Paragraph 3.66: Yes Centurion 23 December 2015 ___________________________________________________________________________________ Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0210 Sponsor to Sephaku Holdings: Questco (Pty) Ltd About Sephaku Holdings Limited Sephaku Holdings is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The Company’s core investments are a 36% stake in Sephaku Cement (Pty) Ltd and 100% in Métier Mixed Concrete (Pty) Ltd. The strategy of Sephaku Holdings is to generate income and realise value for shareholders through the production of cement and ready-mixed concrete in southern Africa. www.sephakuholdings.com Date: 23/12/2015 03:26:00 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.