Dealing in securities by an associate of a director of a major subsidiary THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 (“TFG”) Dealing in securities by an associate of a director of a major subsidiary In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: Name of director: M Mendelsohn Position: Director of Foschini Retail Group (Pty) Ltd Name of associate: Martin Mendelsohn Investment Trust Relationship to director: The director is a trustee and discretionary beneficiary of the associate Nature of transaction: Off-market transfer of shares from the associate to a RMB Bank Note, an unlisted Financial Instrument underwritten by RMB, a division of FirstRand Bank Limited, which gives M Mendelsohn the economic exposure to 40,000 TFG shares Extent of interest: Indirect beneficial Date of transaction: 28 February 2017 Class: Ordinary shares No. of shares: 40 000 Deemed value of transaction: R6 494 800* * based on the closing share price on 28 February 2017 of R162.37 per share The abovementioned transaction was done off-market and the pre- requisite clearance was obtained for this transaction. Cape Town 1 March 2017 Sponsor: UBS South Africa Proprietary Limited Date: 01/03/2017 04:45:00 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.