PPC Investor Presentation and Site Visit Presentation PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE 000170049 ("PPC" or the "Company") PPC INVESTOR PRESENTATION AND SITE VISIT PRESENTATION PPC will be participating in the Merrill Lynch Investor Conference and has, in preparation for this event, posted an investor presentation on PPC`s website: www.ppc.co.za The company will also host an investor site visit in Zimbabwe on 16-17 March 2017; in preparation for this event, a site visit presentation has also been posted on the company’s website. The Merrill Lynch investor presentation provides an operational update which reflects what was previously communicated to shareholders through the Stock Exchange News Service on 02 February 2017. In addition to this operational update, the investor presentation also includes an update on the company’s balance sheet. Particularly that, following the significant de-gearing to September 2016, the group’s net debt has reduced further to R4.4 billion as at December 2016 due to the conclusion of a component of the first empowerment transaction. The company has also provided an update on retail selling prices of cement in key geographies. Retail selling prices in most African countries have been declining on the back of increased cement capacity as well as lower economic growth. Notably, the prevailing price of cement at retail stores has declined by about 28% in the Democratic Republic of the Congo (DRC) on the back of an influx of imports and the entry of a new producer in the local market. Pricing in the DRC is expected to normalise once government’s cement import ban is reinstated. The lower realisable retail selling prices of cement imply lower factory gate prices which will put pressure on margins in these territories. Adverse weather has negatively affected cement and concrete sales in South Africa during January and February 2017. In many parts of the country, rainfall in excess of 200mm was experienced during these two months. Any financial information presented has not been reviewed or reported on by the Company´s auditors. Johannesburg 13 March 2017 Sponsor: Merrill Lynch South Africa (Pty) Limited PPC: Azola Lowan Tel: +27 (0) 11 386 9000 Azola.Lowan@ppc.co.za Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 (0) 71 605 4294 louise.fortuin@instinctif.com Date: 13/03/2017 12:50:00 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.