Notification of share dealings by directors ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 ("the Company" or "Ecsponent") Notification of share dealings by directors In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“Listings Requirements”), shareholders are notified that, in terms of a shareholders’ resolution approved at a general meeting held on 3 May 2016, Ecsponent ordinary shares were issued to the following directors of the Company, on 31 October 2016 in an off-market trade to partially settle their directors’ fees in respect of the 2016 calendar year, as indicated below: Name of director: T Gregory B Shanahan Category of director: Executive Executive Price per security (cents per share): 15.37026 15.37026 Number of securities: 181 258 38 386 Total value of securities (Rand): 27 860 5 900 Interest in securities: Direct beneficial Direct beneficial Clearance given in terms of Paragraph 3.66: Yes Yes The JSE has granted the Company dispensation as regards compliance with paragraph 3.69 of the Listings Requirements in respect of any share issues to directors in terms of the abovementioned shareholders’ resolution for the remainder of the 2016 calendar year which may occur during a prohibited period. Pretoria 01 November 2016 Sponsor Questco (Pty) Ltd Date: 01/11/2016 04:51:00 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.