Delivery of shares to a director in terms of the Long Term Incentive Plan Scheme - 2007 HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM (“Hulamin” or “the Company”) DELIVERY OF SHARES TO A DIRECTOR IN TERMS OF THE HULAMIN LONG TERM INCENTIVE PLAN SCHEME - 2007 In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, the following information is disclosed in respect of the delivery of shares by the Company to RG Jacob in accordance with the vesting of awards under Long Term Incentive Plan Scheme with Performance Conditions (“LTIP-PC”) and the Long-Term Incentive Plan without Performance Conditions (“LTIP-NPC”): Name of director: RG Jacob Type of director: Executive director Nature of the transaction: Off-market delivery of shares vested in terms of the LTIP-PC and the LTIP-NC Number of shares acquired: 161 585 shares in terms of LTIP-PC and 78 999 shares in terms of the LTIP-NPC, being 240 584 shares in total Class of securities: Ordinary shares Date of transaction: 26 April 2017 Volume-weighted average purchase price: R6.4996 per share Highest purchase price R6.50 per share Lowest purchase price R6.49 per share Total value: R1 563 699.77 Nature and extent of interest: Direct beneficial Clearance to deal obtained: Yes Pietermaritzburg 28 April 2017 Sponsor Questco Corporate Advisory (Proprietary) Limited Date: 28/04/2017 04:05:00 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.