Dealing in Securities Transaction Capital Limited (Incorporated in the Republic of South Africa) Registration number: 2002/031730/06 JSE share code: TCP ISIN: ZAE000167391 (“Transaction Capital” or “the company”) DEALING IN SECURITIES Shareholders are referred to the SENS announcement released by the company on 14 July 2016 with regards to share appreciation rights (“SARs”) exercised by directors of the company, directors of major subsidiaries and the company secretary (“Participants”) in terms of the Transaction Capital Limited SAR Plan (the “SAR Plan”). In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby given that Participants have disposed of securities held in the company. A portion of the proceeds from the sale of securities will be utilised to settle taxes due in terms of the SAR Plan and to settle debt due to the company (where relevant). All disposals of Transaction Capital securities were executed by Rand Merchant Bank on behalf of Participants and other employees that exercised SARs. A total of 4 783 629 Transaction Capital shares were disposed in this process on the following terms: Date # of shares Price per share Total Proceeds 18/07/2016 232 812 11.12 R2 589 863.35 19/07/2016 911 800 10.97 R 10 006 843.22 20/07/2016 7 937 10.97 R87 094.53 21/07/2016 1 245 411 10.97 R13 668 188.88 22/07/2016 2 385 669 10.78 R25 706 355.75 Total 4 783 629 10.88 R52 085 345.73 Each of the above disposals was executed on a pro-rata basis for each Participant. Each Participant will receive proceeds from the sale of securities at a value of R10.88 per securities sold. The below table details the number of shares and proceeds received by Participants: Name of director Mark Herskovits Name of company Transaction Capital Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 501 576 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R5 457 147 Clearance Obtained Yes Name of director David McAlpin Name of company MBD Credit Solutions Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 501 572 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R5 457 103 Clearance Obtained Yes Name of director Carl de Villiers Name of company MBD Credit Solutions Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 188 091 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R2 046 430 Clearance Obtained Yes Name of director Maheshini Naidoo Name of company MBD Credit Solutions Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 31 349 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R341 077 Clearance Obtained Yes Name of director Terry Kier Name of company SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 1 744 985 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R18 985 437 Clearance Obtained Yes Name of director Dawid Spangenberg Name of company SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 626 970 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R6 821 434 Clearance Obtained Yes Name of director Lorenzo Cardoso Name of company SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 94 046 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R1 023 220 Clearance Obtained Yes Name of director Bonisile Makubalo Name of company SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 41 798 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R454 762 Clearance Obtained Yes Name of director Riek Olivier Name of company SA Taxi Finance Holdings Proprietary Limited Date proceeds from sale notified to director 25 July 2016 Nature & class: On market sale of ordinary shares Total number of securities: 41 798 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R454 762 Clearance Obtained Yes Name of company secretary Ronen Goldstein Name of company Transaction Capital Limited Date proceeds from sale notified to company 25 July 2016 secretary Nature & class: On market sale of ordinary shares Total number of securities: 41 798 VWAP per share: R10.88 Lowest price per share R10.78 Highest price per share: R11.12 Value: R454 762 Clearance Obtained Yes Dunkeld West 27 July 2016 Enquiries: Phillipe Welthagen - Investor Relations Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 27/07/2016 12:18:00 Produced by the JSE SENS Department. 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