Dealing in PSG Shares by Directors and/or their Associates PSG Group Limited Incorporated in the Republic of South Africa Registration number: 1970/008484/06 JSE Limited (“JSE”) share code: PSG ISIN code: ZAE000013017 (“PSG”) DEALING IN PSG SHARES BY DIRECTORS AND/OR THEIR ASSOCIATES In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTOR PJ Mouton COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATES OF TRANSACTIONS 24 April 2017 (1) 25 April 2017 (2) 26 April 2017 (3) 28 April 2017 (4) CENTS PER SHARE Low: 26 211 (1) High: 26 700 (1) VWAP: 26 435 (1) Low: 25 873 (2) High: 26 467 (2) VWAP: 25 996 (2) Low: 25 100 (3) High: 25 721 (3) VWAP: 25 267 (3) Low: 25 069 (4) High: 25 313 (4) VWAP: 25 142 (4) NUMBER OF SECURITIES TRANSACTED 102 828 (1) 36 239 (2) 55 965 (3) 4 968 (4) TOTAL RAND VALUE OF SECURITIES R27 182 149.92 (1) R9 420 654.20 (2) R14 140 945.18 (3) R1 249 051.56 (4) NAME OF ASSOCIATE Jufrapi Investments Proprietary Limited RELATIONSHIP WITH DIRECTOR Director is a director of the associate and a trustee and beneficiary of the sole shareholder of the associate NATURE OF TRANSACTIONS Disposal of shares in PSG to settle PSG share incentive scheme debt obligations (On-market transactions) NATURE AND EXTENT OF INTEREST Indirect, Beneficial IN THE TRANSACTIONS CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR WL Greeff COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATES OF TRANSACTIONS 24 April 2017 (1) 25 April 2017 (2) 26 April 2017 (3) 28 April 2017 (4) CENTS PER SHARE Low: 26 211 (1) High: 26 700 (1) VWAP: 26 435 (1) Low: 25 873 (2) High: 26 467 (2) VWAP: 25 996 (2) Low: 25 100 (3) High: 25 721 (3) VWAP: 25 267 (3) Low: 25 069 (4) High: 25 313 (4) VWAP: 25 142 (4) NUMBER OF SECURITIES TRANSACTED 102 828 (1) 36 239 (2) 55 965 (3) 4 968 (4) TOTAL RAND VALUE OF SECURITIES R27 182 149.92 (1) R9 420 654.20 (2) R14 140 945.18 (3) R1 249 051.56 (4) NAME OF ASSOCIATE Pinot Investments Proprietary Limited RELATIONSHIP WITH DIRECTOR Director is a director of and shareholder in the associate and a trustee and beneficiary of the majority shareholder of the associate NATURE OF TRANSACTIONS Disposal of shares in PSG to settle PSG share incentive scheme debt obligations (On-market transactions) NATURE AND EXTENT OF INTEREST Indirect, Beneficial IN THE TRANSACTIONS CLEARANCE OBTAINED Yes 3. NAME OF DIRECTOR JA Holtzhausen COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATES OF TRANSACTIONS 24 April 2017 (1) 25 April 2017 (2) 26 April 2017 (3) 28 April 2017 (4) CENTS PER SHARE Low: 26 211 (1) High: 26 700 (1) VWAP: 26 435 (1) Low: 25 873 (2) High: 26 467 (2) VWAP: 25 996 (2) Low: 25 100 (3) High: 25 721 (3) VWAP: 25 267 (3) Low: 25 069 (4) High: 25 313 (4) VWAP: 25 142 (4) NUMBER OF SECURITIES TRANSACTED 102 827 (1) 36 240 (2) 55 964 (3) 4 969 (4) TOTAL RAND VALUE OF SECURITIES R27 181 885.58 (1) R9 420 914.16 (2) R14 140 692.51 (3) R1 249 302.97 (4) NATURE OF TRANSACTIONS Disposal of shares in PSG to settle PSG share incentive scheme debt obligations (On-market transactions) NATURE AND EXTENT OF INTEREST Direct, Beneficial IN THE TRANSACTIONS CLEARANCE OBTAINED Yes Clearance to deal in these shares was obtained in accordance with rule 3.66 of the JSE Listings Requirements. 28 April 2017 Stellenbosch Sponsor PSG Capital Date: 28/04/2017 05:00:00 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.