Announcement Dis-Chem Pharmacies Limited (Previously Dis-Chem Pharmacies Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number 2005/009766/06) JSE share code: DCP ISIN: ZAE000227831 (“Dis-Chem” or the “Company”) Announcement Shareholders are advised that, as set out in Dis-Chem’s Pre-Listing Statement dated 28 October, 2016 in relation to the listing of Dis-Chem on the main board of the JSE Limited, Ivlyn Proprietary Limited (the “Major Shareholder”) granted The Standard Bank of South Africa Limited, as stabilisation manager (the “Stabilisation Manager”) a put option pursuant to which the Stabilisation Manager would be able to require the Major Shareholder to purchase up to 31,096,339 Dis-Chem shares as a result of stabilisation transactions at or below the offer price for a period of 30 calendar days post listing. The Company would like to inform shareholders that no stabilisation transactions have been required to be made as Dis-Chem shares have traded consistently above the offer price since listing. Accordingly, the put option will be terminated by mutual consent between the Stabilisation Manager and the Major Shareholder with the result that no future stabilisation transactions will be effected Midrand 8 December 2016 Sponsor The Standard Bank of South Africa Limited Date: 08/12/2016 11:45:00 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.