Acceptance Of Options By Directors In Terms Of The Trellidor Share Incentive Trust TRELLIDOR HOLDINGS LIMITED (Previously Trellicor Holdings Proprietary Limited) Incorporated in the Republic of South Africa) Registration number: 1970/015401/06) Share Code: TRL ISIN Code: ZAE000209342 (“Trellidor” or “the Company”) ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE TRELLIDOR SHARE INCENTIVE TRUST In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: The following share option awards were accepted in terms of the Trellidor Share Incentive Trust: 1. NAME OF DIRECTOR TM Dennison COMPANY OF WHICH I AM A Trellidor Holdings Limited DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 18 October 2016 DATE OF ACCEPTANCE 20 October 2016 OPTION STRIKE PRICE R5.41 (Trellidor’s 30-day volume weighted average traded price as at 18 October 2016) NUMBER OF OPTIONS AWARDED 1,672,628 TOTAL RAND VALUE OF OPTIONS R9,048,917.48 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, Beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR CG Cunningham COMPANY OF WHICH I AM A Trellidor Holdings Limited DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 18 October 2016 DATE OF ACCEPTANCE 20 October 2016 OPTION STRIKE PRICE R5.41 (Trellidor’s 30-day volume weighted average traded price as at 18 October 2016) NUMBER OF OPTIONS AWARDED 396,756 TOTAL RAND VALUE OF OPTIONS R2,146,449.96 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, Beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 3. NAME OF DIRECTOR P Rawson COMPANY OF WHICH I AM A Trellicor Proprietary Limited DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 18 October 2016 DATE OF ACCEPTANCE 20 October 2016 OPTION STRIKE PRICE R5.41 (Trellidor’s 30-day volume weighted average traded price as at 18 October 2016) NUMBER OF OPTIONS AWARDED 983,052 TOTAL RAND VALUE OF OPTIONS R5,318,311.32 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, Beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 4. NAME OF DIRECTOR C Wright MAJOR SUBSIDIARY OF WHICH I Trellicor Proprietary Limited AM A DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 18 October 2016 DATE OF ACCEPTANCE 20 October 2016 OPTION STRIKE PRICE R5.41 (Trellidor’s 30-day volume weighted average traded price as at 18 October 2016) NUMBER OF OPTIONS AWARDED 561,620 TOTAL RAND VALUE OF OPTIONS R3,038,364.20 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, Beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes Clearance to accept these share option awards was obtained in accordance with rule 3.66 of the JSE Limited Listings Requirements. Durban 21 October 2016 Sponsor PSG Capital Proprietary Limited Date: 21/10/2016 03:45:00 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.