Dealings in Securities by Directors and the Company Secretary Liberty Holdings Limited Incorporated in the Republic of South Africa Registration number 1968/002095/06 JSE Share code: LBH ISIN: ZAE000127148 (“Liberty Holdings” or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: Director: Mr T Dloti Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Automatic disposal of 17,489 Liberty Holdings ordinary shares to settle employees tax on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 17,489 Price per share: R111.00 Value of this transaction: R1,941,279.00 Extent of interest: Direct beneficial Nature of trade: On market Clearance to deal: Yes Director: Mr T Dloti Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Delivery of 21,271 Liberty Holdings ordinary shares on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 21,271 Effective Price: R111.17 Value of this transaction: R2,364,697.07 Extent of interest: Direct beneficial Nature of trade: Off market Director: Mr CG Troskie Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Automatic disposal of 9,981 Liberty Holdings ordinary shares to settle employees tax on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 9,981 Price per share: R111.00 Value of this transaction: R1,107,891.00 Extent of interest: Direct beneficial Nature of trade: On market Clearance to deal: Yes Director: Mr CG Troskie Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Delivery of 12,139 Liberty Holdings ordinary shares on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 12,139 Effective Price: R111.17 Value of this transaction: R1,349,492.63 Extent of interest: Direct beneficial Nature of trade: Off market Director: Mr CG Troskie Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Automatic delivery and disposal of 523 Liberty Holdings Limited ordinary shares to settle employees’ tax on the vesting of rights granted in terms of the Liberty Equity Growth Scheme Number of shares: 523 Effective Price: R111.00 Value of this transaction: R58,053.00 Extent of interest: Direct beneficial Nature of trade: On market Company Secretary: Mrs JM Parratt Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Automatic disposal of 1,841 Liberty Holdings ordinary shares to settle employees tax on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 1,841 Price per share: R111.00 Value of this transaction: R204,351.00 Extent of interest: Direct beneficial Nature of trade: On market Clearance to deal: Yes Company Secretary: Mrs JM Parratt Name of company: Liberty Holdings Limited Date of Transaction: 2017-03-01 Nature of transaction: Delivery of 2,237 Liberty Holdings ordinary shares on vesting of shares granted in terms of the Liberty Holdings Group Restricted Share Plan Number of shares: 2,237 Effective Price: R111.17 Value of this transaction: R248,687.29 Extent of interest: Direct beneficial Nature of trade: Off market Values are before brokerage fees. Clearance for all trades was obtained. 03 March 2017 Sponsor: Merrill Lynch South Africa (Pty) Ltd Date: 03/03/2017 01:45:00 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.