Director’s dealings in securities METAIR INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Reg No. 1948/031013/06) ISIN code : ZAE000090692 Share code : MTA (“Metair”) DIRECTOR’S DEALINGS IN SECURITIES Shareholders are referred to the announcement released on SENS on 6 April 2016 regarding the allocation of bonus shares, in terms of The Metair Investments Limited 2009 Share Plan (“Share Plan”). Due to an administrative error in the Share Plan, and in accordance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, shareholders are advised of the change in beneficial interest disclosed below. Director name Mr C.T. Loock Company Metair Date of award 1 April 2016 Number of bonus shares awarded 800 000 Deemed value of bonus shares on acceptance R19.80 being the closing price on 31 March 2016 Total value of transaction Nil Class of securities Ordinary shares Nature of transaction Acceptance of bonus shares at no cost Nature of interest Indirect beneficial Vesting date 1 April 2019 Vesting period The bonus shares were awarded as retention bonus shares Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE Yes Listings Requirements Johannesburg 24 August 2016 Sponsor One Capital Date: 24/08/2016 03:30:00 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.