PPC Investor Presentation with Operational Update PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE 000170049 ("PPC" or the "Company") PPC INVESTOR PRESENTATION WITH OPERATIONAL UPDATE PPC will be participating in the RMB Morgan Stanley Big Five Investor Conference in Cape Town and has, in preparation for this event, posted an investor presentation on PPC’s website: www.ppc.co.za This investor presentation provides an operational update of PPC’s performance during the first five months of the financial year as well as project updates. Progress with the expansion projects in the DRC, Ethiopia and Slurry are progressing well with hot commissioning underway at the Harare mill in Zimbabwe. The South African cement business has recorded volume growth of 6%, however selling prices declined 5%. Overall margins remain under pressure despite good cost control. Cement sales volumes in the international business are up 8%, with volumes in Rwanda more than doubling relative to the previous period. Volumes and selling prices remain under pressure in Botswana and Zimbabwe. Any financial information on which the operational update is based has not been reviewed or reported on by the Company´s auditors. Johannesburg 23 September 2016 Sponsor: Merrill Lynch South Africa (Pty) Limited PPC: Azola Lowan Tel: +27 (0) 11 386 9000 Azola.Lowan@ppc.co.za Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 (0) 71 605 4294 Louise.Fortuin@instinctif.com Date: 23/09/2016 02:00:00 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.