Dealings in securities by an associate of a director of the company PEREGRINE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/006026/06) JSE share code: PGR ISIN: ZAE000078127 (“Peregrine” or “the company”) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are referred to the announcement released on SENS on 26 March 2014 wherein shareholders were advised that PGR 2 Investments (Pty) Ltd (“PGR 2”), an associate of Sean Melnick (by virtue of his indirect holding of 100% of PGR 2), a director of the company, had entered into a zero-cost collar hedge (the “collar”), in respect of in aggregate 2 400 000 Peregrine shares, which collar would settle in 12 equal tranches of 200 000 Peregrine shares each weekly from 15 February 2016 to 2 May 2016 (each referred to as a “settlement date”), each option in respect thereof having a put strike price of R15.75 and a call strike price of R26.00. As the share price of Peregrine shares at the settlement date of 29 February 2016 was higher than the call strike price of R26.00, the collar in respect of that settlement date was automatically settled off-market by the retention of in aggregate 200 000 Peregrine shares by the relevant counterparty under the collar (which held them pursuant to a pledge and securities loan arrangement) and payment to PGR 2 in cash of the call strike price, being in aggregate R5 200 000. 2 March 2016 Joint sponsor Java Capital Joint sponsor Deloitte & Touche Sponsor Services (Proprietary) Limited Date: 02/03/2016 11:40:00 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.