Dealing in Securities by Director and Exercise of Options and Dealing in Securities by Company Secretary GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) DEALING IN SECURITIES BY DIRECTOR AND EXERCISE OF OPTIONS AND DEALING IN SECURITIES BY COMPANY SECRETARY In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements, the following information regarding the exercise of options and dealings is disclosed: NAME OF DIRECTOR Alex Abercrombie COMPANY OF WHICH DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON- Non-Executive EXECUTIVE TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 31 December 2015 CENTS PER SHARE Not applicable NUMBER OF SECURITIES 6 500 000 TRANSACTED TOTAL RAND VALUE OF Not applicable SECURITIES NATURE OF TRANSACTION The director has transferred his shares in GPI to Rednaxela Proprietary Limited, which is owned and controlled by the director. This announcement is made in the interests of transparency. (Off-market transaction) NAME OF ASSOCIATES Rednaxela Proprietary Limited RELATIONSHIP WITH DIRECTOR Director and sole shareholder of Rednaxela Proprietary Limited. NATURE AND EXTENT OF INTEREST Indirect Beneficial IN THE TRANSACTION (INDIRECT) CLEARANCE OBTAINED Yes NAME OF COMPANY SECRETARY Lazelle Parton COMPANY OF WHICH COMPANY Grand Parade Investments SECRETARY Limited NATURE OF TRANSACTION Acquisition of shares in GPI through the exercise of options awarded in terms of a share incentive scheme (Off-market transaction) DATE OPTIONS EXERCISED 24 December 2015 OPTION EXERCISE PRICE R4.59 OPTION STRIKE PRICE R3.61 NUMBER OF OPTIONS EXERCISED 158 964 TOTAL RAND VALUE OF OPTIONS R573 860.04 STRIKE DATE OF OPTIONS 30 August 2015 PERIOD OF EXERCISE Participants have a 180 day period from the strike date during which options can be exercised NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION CLEARANCE OBTAINED Yes NAME OF COMPANY SECRETARY Lazelle Parton COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited TYPE OF SECURITIES GPI shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 28 December 2015 CENTS PER SHARE Average Price: 431.95 High Price: 454 Low Price: 411 NUMBER OF SECURITIES 34 016 TRANSACTED TOTAL RAND VALUE OF SECURITIES R146 932.11 NATURE OF TRANSACTION Disposal (On-market transaction) NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION CLEARANCE OBTAINED Yes 31 December 2015 Cape Town Sponsor PSG Capital Proprietary Limited Date: 31/12/2015 11:01:00 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.