Closed period for trading in shares Choppies Enterprises Limited (Registration number 2004/1681) JSE share code: CHP BSE share code: CHOPPIES ISIN: BW0000001072 Tax reference number: C08710401018 (“Choppies” or the “Company”) ANNOUNCEMENT CLOSED PERIOD FOR TRADING IN SHARES The preparation for the results for the half year ended 31st December 2016 is in progress and is to continue until Wednesday, 14th March 2017 or thereabouts when the half-yearly results are expected to be published. In line with good corporate governance and in compliance with the Botswana Stock Exchange rules, we declare a closed period commencing Thursday, 19 January 2017 and ending on the date of publication of the half-yearly results. During this period, members of the Board, management and staff are prohibited from dealing in the company’s shares, as it could be implied that they may be aware of unpublished price- sensitive information. Unpublished price-sensitive information is information affecting a company which if released is likely to materially affect the company’s share price. All concerned are requested to take note of the same. By order of the Board Finance Director 18 January, 2017. The Company’s primary listing is on the Botswana Stock Exchange and its secondary listing is on the Johannesburg Stock Exchange. BSE Sponsoring Broker African Alliance Botswana Limited JSE Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/01/2017 04:59:00 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.