Directors’ dealings in securities THE BIDVEST GROUP LIMITED (“Bidvest”) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE 000117321 DIRECTORS’ DEALINGS IN SECURITIES In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: Executive Director: Lindsay Peter Ralphs Date of transaction: November 17 2016 Number of Bidvest shares sold: 87 631 Highest Price: R163.14 Lowest Price: R162.60 Volume Weighted Average Price: R162.82 Total Value of Sale: R14 268 158.29 Executive Director: Lindsay Peter Ralphs Date of transaction: November 18 2016 Number of Bidvest shares sold: 36 219 Highest Price: R162.71 Lowest Price: R162.00 Volume Weighted Average Price: R162.09 Total Value of Sale: R5 870 773.93 Executive Director: Lindsay Peter Ralphs Date of transaction: November 22 2016 Number of Bidvest shares sold: 76 150 Highest Price: R164.00 Lowest Price: R163.00 Volume Weighted Average Price: R163.81 Total Value of Sale: R12 474 184.81 Class of shares: Ordinary shares Nature of transaction: Sale of ordinary shares in order to settle outstanding loan on Bidvest Loan Scheme shares and any personal taxes due as a result of the transaction, as disclosed on November 8 2016. Nature of interest: Direct beneficial Clearance in terms of paragraph 3.66 was obtained from the Chairman of the Board and the Chairman of the Remuneration committee. All the dealings in securities were done on-market. Date: November 23 2016 Johannesburg Sponsor: Investec Bank Limited Date: 23/11/2016 11:40:00 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.