Dealing in securities by a director, company secretary and director of a major subsidiary SYGNIA LIMITED Incorporated in the Republic of South Africa) Registration number 2007/025416/06) Share code on the JSE: SYG ISIN: ZAE000208815 ("Sygnia") DEALING IN SECURITIES BY A DIRECTOR, COMPANY SECRETARY AND DIRECTOR OF A MAJOR SUBSIDIARY In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities, is disclosed: Name: Michael Buckham Designation: Executive Financial Director Date of transaction: 31 May 2017 Class of shares: Ordinary shares Number of shares: 485 950 Price per share: R8.40 Value of transaction: R4 081 980 Nature of transaction: Purchase (off market) Extent of interest: Indirect beneficial (purchased in the name of Rockjumper Investments (Pty) Ltd) Clearance obtained: Yes Name: Glen MacLachlan Designation: Company secretary Date of transaction: 31 May 2017 Class of shares: Ordinary shares Number of shares: 17 811 Price per share: R8.40 Value of transaction: R149 612.40 Nature of transaction: Purchase (off market) Extent of interest: Direct beneficial Clearance obtained: Yes Name: Niki Jane Giles Designation: Director of major subsidiary (Sygnia Life Limited; Sygnia Asset Management (Pty) Ltd) Date of transaction: 31 May 2017 Class of shares: Ordinary shares Number of shares: 59 371 Price per share: R8.40 Value of transaction: R498 716.40 Nature of transaction: Purchase (off market) Extent of interest: Direct beneficial Clearance obtained: Yes Name: Cher Leetjer Designation: Director of major subsidiary (Sygnia Asset Management (Pty) Ltd) Date of transaction: 31 May 2017 Class of shares: Ordinary shares Number of shares: 11 873 Price per share: R8.40 Value of transaction: R99 733.20 Nature of transaction: Purchase (off market) Extent of interest: Direct beneficial Clearance obtained: Yes Name: Marlene Myrtle Budge Designation: Director of major subsidiary (Sygnia Asset Management (Pty) Ltd) Date of transaction: 31 May 2017 Class of shares: Ordinary shares Number of shares: 2 967 Price per share: R8.40 Value of transaction: R24 922.80 Nature of transaction: Purchase (off market) Extent of interest: Direct beneficial Clearance obtained: Yes The above transactions relate to a sale by a distressed shareholder, resulting in shares being made available to employees of the Sygnia Group. This allocation enhances the alignment of employees with shareholders. The purchases of these shares were funded by the individuals in their personal capacity. 1 June 2017 Sponsor Nedbank Corporate and Investment Banking Date: 01/06/2017 04:32:00 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.