Acceptance Of Options By Directors In Terms Of The PSG Konsult Group Share Incentive Trust PSG Konsult Limited (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS ISIN Code: ZAE000191417 (“PSG Konsult” or “the Company”) ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE PSG KONSULT GROUP SHARE INCENTIVE TRUST In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: ACCEPTANCE OF OPTIONS The following share option awards were accepted in terms of the PSG Konsult Group Share Incentive Trust: 1. NAME OF DIRECTOR FJ Gouws COMPANY OF WHICH I AM A PSG Konsult Limited DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 3 168 641 TOTAL RAND VALUE OF OPTIONS R24 049 985.19 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 2. NAME OF DIRECTOR MIF Smith COMPANY OF WHICH I AM A PSG Konsult Limited DIRECTOR STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 1 030 108 TOTAL RAND VALUE OF OPTIONS R7 818 519.72 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 3. NAME OF DIRECTOR NM Gudka COMPANY OF WHICH I AM A PSG Wealth Financial Planning DIRECTOR Proprietary Limited (a major subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 1 195 701 TOTAL RAND VALUE OF OPTIONS R9 075 370.59 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 4. NAME OF DIRECTOR DPB Hugo COMPANY OF WHICH I AM A PSG Wealth Financial Planning DIRECTOR Proprietary Limited (a major subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 1 000 000 TOTAL RAND VALUE OF OPTIONS R7 590 000.00 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 5. NAME OF DIRECTOR AM Ahern COMPANY OF WHICH I AM A PSG Asset Management Holdings DIRECTOR Proprietary Limited (a major subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 1 077 420 TOTAL RAND VALUE OF OPTIONS R8 177 617.80 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 6. NAME OF DIRECTOR HP Visser COMPANY OF WHICH I AM A PSG Insure Holdings Proprietary DIRECTOR Limited (a major subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 900 000 TOTAL RAND VALUE OF OPTIONS R6 831 000.00 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 7. NAME OF DIRECTOR M Lansdell COMPANY OF WHICH I AM A PSG Wealth Holdings Proprietary DIRECTOR Limited (a major subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 1 487 994 TOTAL RAND VALUE OF OPTIONS R11 293 874.46 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes 8. NAME OF DIRECTOR G Minnaar COMPANY OF WHICH I AM A PSG Life Limited (a major DIRECTOR subsidiary of PSG Konsult) STATUS:EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 1 April 2017 DATE OF ACCEPTANCE 3 May 2017 OPTION STRIKE PRICE R7.59 (PSG Konsult’s 30-day volume weighted average traded price at 1 April 2017) NUMBER OF OPTIONS ACCEPTED 81 564 TOTAL RAND VALUE OF OPTIONS R619 070.76 STRIKE DATE OF OPTIONS Exercisable in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED Yes Clearance to accept the above share option awards was obtained in accordance with rule 3.66 of the JSE Limited Listings Requirements. Tyger Valley 3 May 2017 JSE Sponsor: PSG Capital Proprietary Limited NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian Stock Exchange Date: 03/05/2017 12:00:00 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.