CAPITAL APPRECIATION LIMITED - Dealings in securities by a director

Dealings in securities by a director

Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Tax number 9591281176
JSE Share Code: CTA
ISIN: ZAE000208245

DEALINGS IN SECURITIES BY A DIRECTOR

In terms of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information, relating to dealings in securities by directors, is disclosed:

 Director:                         Michael Sacks
 Company:                          Capital Appreciation Limited
 Nature of the transaction:        Purchase of Ordinary shares, on market
 Date of transaction:              21 June 2017
 Number of shares:                 600,000
 Share price:                      R0.78
 Value:                            R468,000.00
 Class of shares:                  Ordinary shares
 Extent of interest:               Direct Beneficial
 Written clearance obtained:       Yes

 Director:                         Michael Pimstein
 Company:                          Capital Appreciation Limited
 Nature of the transaction:        Purchase of Ordinary shares, on market
 Date of transaction:              21 June 2017
 Number of shares:                 600,000
 Share price:                      R0.78
 Value:                            R468,000.00
 Class of shares:                  Ordinary shares
 Extent of interest:               Direct Beneficial
 Written clearance obtained:       Yes


21 June 2017
Johannesburg


Sponsor
Investec Bank Limited

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