Dealing in securities Transaction Capital Limited (Incorporated in the Republic of South Africa) Registration number: 2002/031730/06 JSE share code: TCP ISIN: ZAE000167391 (“Transaction Capital” or “the company”) DEALING IN SECURITIES Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Limited by the company on 29 May 2017 with regards to share appreciation rights (“SARs”) exercised by a director of a major subsidiary of the company (“the Director”) in terms of the Transaction Capital Limited SAR Plan (the “SAR Plan”). In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notification is hereby given that the Director has disposed of securities held in the company. A portion of the proceeds from the sale of securities will be utilised to settle taxes due in terms of the SAR Plan. A process of disposal of Transaction Capital securities on behalf of participants of the SAR Plan was executed by an independent broker on behalf of participants. A total of 469 605 Transaction Capital shares were disposed of on the following terms: Date # of shares Price per share Total Proceeds 2017/06/06 130,000 14.70 1,911,468 2017/06/07 725 14.70 10,658 2017/06/09 84,873 14.70 1,247,633 2017/06/12 1,578 14.70 23,197 2017/06/13 252,429 14.70 3,710,706 Total 469,605 14.70 6,903,662 Each of the above disposals was executed on a pro-rata basis for participants. Participants will receive proceeds from the sale of securities at a value of R14.70 per security disposed of, before transaction costs. The below table details the dealings of the Director: Name of director Carl de Villiers Name of company Transaction Capital Recoveries Proprietary Limited Date of transaction (date on which proceeds from 13 June 2017 sale notified to Director) Nature and& class of transaction: On market sale of ordinary shares Total number of securities: 158 001 VWAP per share: R14.70 Lowest price per share R14.70 Highest price per share: R14.70 Value of transaction: R2 322 615 Nature of interest Direct, beneficial Clearance Obtained Yes Dunkeld West 13 June 2017 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) 2 Date: 14/06/2017 07:05:00 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.