Dealing In PSG Shares By Associates Of Directors 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 ASSOCIATES OF DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTORS JF Mouton (1) JJ Mouton (2) PJ Mouton (3) COMPANY OF WHICH WE ARE PSG Group Limited DIRECTORS STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive (1)-(2) Executive (3) TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 15 May 2017 CENTS PER SHARE Low: 24 324 High: 24 400 VWAP: 24 385 NUMBER OF SECURITIES TRANSACTED 15 470 TOTAL RAND VALUE OF SECURITIES R3 772 379.40 NAME OF ASSOCIATE Charite Mouton Trust RELATIONSHIP WITH DIRECTORS The directors are (1)-(3) trustees of the associate NATURE OF TRANSACTION Acquisition of shares by (1)-(3) an associate of the directors (On-market transaction) NATURE AND EXTENT OF INTEREST Indirect, non-beneficial IN THE TRANSACTION 2. 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 DATE OF TRANSACTIONS 16 May 2017 (1)-(4) CENTS PER SHARE Low: 24 738 (1)-(3) High: 24 893 (1)-(3) VWAP: 24 808 (1)-(3) Low: 24 889 (4) High: 24 900 (4) VWAP: 24 896 (4) NUMBER OF SECURITIES TRANSACTED 1 120 (1) 1 120 (2) 1 120 (3) 540 (4) TOTAL RAND VALUE OF SECURITIES R277 849.94 (1) R277 849.94 (2) R277 849.94 (3) R134 440.46 (4) NAME OF ASSOCIATES Juan Mouton Trust (1) Die Francois Fouche (2) Mouton Trust Pieter Mouton Trust (3) Stephanie Mouton Trust (4) RELATIONSHIP WITH DIRECTOR The director is a (1)-(4) trustee of the associates NATURE OF TRANSACTIONS Acquisition of shares by (1)-(4) associates of the director (On-market transactions) NATURE AND EXTENT OF INTEREST Indirect, non-beneficial IN THE TRANSACTIONS Clearance to deal in these shares was obtained in accordance with rule 3.66 of the JSE Listings Requirements. 18 May 2017 Stellenbosch Sponsor PSG Capital Date: 18/05/2017 09:00:00 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.