Exercise of long term incentive plan awards and subsequent sale of shares by director of a major subsidiary HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM (“Hulamin”) EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF SHARES BY DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraph 3.63 and 3.92 of the Listings Requirements of the JSE Limited, shareholders are notified of the acquisition and subsequent disposal of shares in the Company by the Long-Term Incentive Plan Scheme with Performance Conditions (“LTIP-PC”) and the Long-Term Incentive Plan without Performance Conditions (“LTIP-NPC”) (collectively referred to as the “LTIP Scheme”) on behalf of a director of a major subsidiary of the Company, as follows: Director: D Weisz Company: Hulamin Operations Proprietary Limited Type of director: Executive director Nature of interest: Direct beneficial Clearance to deal obtained: Yes Date of acquisition and delivery: 17 May 2017 Nature of transaction: On-market acquisition of ordinary shares in Hulamin by the LTIP Scheme for delivery to D Weisz Class of securities: Ordinary shares Number of LTIP ordinary shares 41 274 purchased: Volume weighted average purchase R6.5060 price: Highest purchase price: R6.58 Lowest purchase price: R6.50 Value of transaction: R268 528.64 Date of acquisition and disposal: 16 May 2017 Nature of transaction: On-market acquisition and subsequent disposal of ordinary shares in Hulamin by the LTIP Scheme on behalf of D Weisz Class of securities: Ordinary shares Number of LTIP ordinary shares sold: 34 312 Selling price: R6.58 Value of transaction: R225 772.96 Pietermaritzburg 18 May 2017 Sponsor Questco Corporate Advisory (Proprietary) Limited Date: 18/05/2017 04:13:00 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.