Share dealings by directors and associates of directors and an associate of a director of a major subsidiary TORRE INDUSTRIES LIMITED Incorporated in the Republic of South Africa (Registration number: 2012/144604/06) Share code: TOR ISIN: ZAE000188629 (“Torre” or “the Company”) SHARE DEALINGS BY DIRECTORS AND ASSOCIATES OF DIRECTORS AND AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed for those directors and associates who received Torre shares in respect of their shareholdings in the Company under the terms of the Scrip Distribution, the results of which were announced on 18 April 2016: Company : Torre Industries Limited Name of director : Christopher S Seabrooke Name of associate : Sabvest Investments (Pty) Ltd, a subsidiary of Sabvest Limited controlled by The Seabrooke Family Trust Designation of director : Independent Non-executive Director and Chairman of Torre Industries Limited Type and class of securities : Ordinary shares Nature Of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Held by associate director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 482 783 Rand value of shares : R 1 424 210 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Christopher S Seabrooke Name of associate : Sabvest Finance and Guarantee Corporation (Pty) Ltd, a subsidiary of Sabvest Limited controlled by The Seabrooke Family Trust Designation of director : Independent Non-executive Director and Chairman of Torre Industries Limited Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Held by associate director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 313 577 Rand value of shares : R 925 052 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Moses M Ngoasheng Name of associate : Modidima Ventures (Pty) Ltd Designation of director : Independent Non-executive Director of Torre Industries Limited Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Indirect, beneficial director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 5 220 Rand value of shares : R 15 399 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Peter J van Zyl Designation of director : Independent Non-executive Director of Torre Industries Limited Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Direct, beneficial director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 1 240 Rand value of shares : R 3 658 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Charles E Pettit Designation of director : Chief Executive Officer of Torre Industries Limited Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Direct, beneficial director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 14 192 Rand value of shares : R 41 866 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Stephen R Midlane Designation of director : Chief Financial Officer of Torre Industries Limited Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Direct, beneficial director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 653 Rand value of shares : R 1 926 Permission to deal obtained : Yes Company : Torre Industries Limited Name of director : Francois K Lombard Name of associate Die Lombard Familie Trust Designation of director : Financial Director of Torre Parts and Components (Pty) Ltd Type and class of securities : Ordinary shares Nature of transaction : Off market receipt of shares from Torre by way of a Scrip Distribution Nature and extent of : Indirect, beneficial director’s interest in the transaction Date of transaction : 15 April 2016 Deemed price per share : R 2.95 Number of shares received : 1 175 Rand value of shares : R 3 466 Permission to deal obtained : Yes Johannesburg 19 April 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 19/04/2016 09:00:00 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.