Directors Dealings in Securities Lewis Group Ltd Reg. No. 2004/009817/06 JSE Share Code : LEW ISIN : ZAE 000058236 (Lewis or the “Company”) Directors Dealings in Securities In compliance with the requirements 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted: 1. The Lewis Long Term and Short Term Schemes In terms of the scheme, executives have been offered the right to acquire shares of the company for no consideration subject to the achievement of performance targets. The share awards under this scheme will lapse, should the executive terminate his or her employment before the completion of the period of the award other than in the event of death, ill-health, retirement or retrenchment. The Remuneration Committee have agreed to grant the executives a three year award under this scheme. The performance targets are set by the Remuneration Committee at the beginning of the each of the 3 years and are based on a weighting set for each executive depending on their daily employment responsibilities, of the following: - Headline earnings per share - Quality of the debtors book - Gross margin The following executives have been granted awards on 28 June 2016 under the Lewis Long Term and Short Term Executive Performance Scheme: Maximum No. of Executive Designation Shares (for no Value consideration) J. Enslin Executive Director, Lewis 149 980 R6 891 581 Group Limited L.A. Davies Executive Director, Lewis 114 911 R5 280 160 Group Ltd N. Jansen Director, Lewis Stores 76 624 R3 520 873 (Pty) Ltd D. Loudon Director, Lewis Stores 76 737 R3 526 065 (Pty) Ltd R. Oliphant Director, Lewis Stores 63 815 R2 932 299 (Pty) Ltd The above values are deemed values based on a market price of R45.95 calculated in terms of the rules of the scheme. All the directors interest in the above transactions are direct beneficial. The requisite clearances have been obtained. Cape Town 4 July 2016 Sponsor: UBS South Africa (Pty) Ltd Date: 04/07/2016 05:15:00 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.