Dealings in securities by directors Phumelela Gaming & Leisure Limited (Incorporated in the Republic of South Africa) (Registration number 1997/016610/06) Share code: PHM ISIN: ZAE000039269 Dealings in securities by directors In compliance with Rule 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: Director : V Moodley Number of shares : 120 000 Date of transaction : 13 January 2017 Value of underlying securities: R2 640 000 Price per share : R22.00 Class of shares : Ordinary Nature of transaction : Sale, on market Nature of interest : Direct Beneficial Director : M Ramafalo Number of shares : 188 675 Date of transaction : 13 January 2017 Value of underlying securities: R4 150 944.34 Price per share : R22.0005 Class of shares : Ordinary Nature of transaction : Sale, on market Nature of interest : Direct Beneficial The sale of the shares were concluded to cover, inter alia, the director’s tax obligations in respect of shares received in terms of the Phumelela Executive Share Option Scheme as announced on 17 November and 1 December 2016. The Chairman of Phumelela Gaming and Leisure granted clearance for the above transactions. Johannesburg 13 January 2017 Sponsor and Investment Bank Investec Bank Limited Date: 13/01/2017 04:10:00 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.