Share Scheme Transactions: Executive Directors And Company Secretary Tongaat Hulett Limited Registration number 1892/000610/06 Share code: TON ISIN ZAE000096541 TONGAAT HULETT: SHARE SCHEME TRANSACTIONS: EXECUTIVE DIRECTORS AND COMPANY SECRETARY VESTING OF AWARDS IN TERMS OF THE DEFERRED BONUS PLAN - Matching awards have vested in respect of the deferred bonus plan shares acquired by the executive directors using their annual bonuses in 2014 and which they continue to hold. This results in a number of matching shares being acquired and delivered to the following executive directors: EXECUTIVE DIRECTOR: PH STAUDE NUMBER OF SHARES DELIVERED: 17 451 TOTAL VALUE (RANDS): R2 071 259 NUMBER OF SHARES SUBSEQUENTLY SOLD: 17 451 PRICE PER SHARE: R118.69 EXECUTIVE DIRECTOR: MH MUNRO NUMBER OF SHARES DELIVERED: 5 539 TOTAL VALUE (RANDS): R657 424 NUMBER OF SHARES SUBSEQUENTLY SOLD: 2 548 NUMBER OF SHARES RETAINED: 2 991 PRICE PER SHARE: R118.69 TRANSACTION DATE: 23 JUNE 2017 SHARE APPRECIATION RIGHTS - these relate to rights that are expiring and which were granted in 2010 with a grant price of R97,49. The requisite performance conditions were met in 2013. An election has been made to exercise these rights. This results in a calculated (i.e. in respect of the appreciation above the grant price) number of shares being acquired and delivered, as follows: EXECUTIVE DIRECTOR: PH STAUDE NUMBER OF RIGHTS EXERCISED: 74 289 NUMBER OF SHARES DELIVERED: 15 574 TOTAL VALUE (RANDS): R1 848 478 NUMBER OF SHARES SUBSEQUENTLY SOLD: 15 574 PRICE PER SHARE: R118.69 EXECUTIVE DIRECTOR: MH MUNRO NUMBER OF RIGHTS EXERCISED: 23 638 NUMBER OF SHARES DELIVERED: 4 955 TOTAL VALUE (RANDS): R588 109 NUMBER OF SHARES SUBSEQUENTLY SOLD: 2 279 NUMBER OF SHARES RETAINED: 2 676 PRICE PER SHARE: R118.69 TRANSACTION DATE: 23 JUNE 2017 VESTING OF AWARDS IN TERMS OF THE LONG TERM INCENTIVE PLAN - Taking into account the extent to which the performance conditions were met, 37,5% of instruments granted under the Long Term Incentive Plan in 2014 have vested. This results in a number of shares being acquired on market and delivered to the following executive directors and company secretary: EXECUTIVE DIRECTOR: PH STAUDE NUMBER OF SHARES DELIVERED: 18 429 TOTAL VALUE (RANDS): R2 187 338 NUMBER OF SHARES SUBSEQUENTLY SOLD: 18 429 PRICE PER SHARE: R118.69 EXECUTIVE DIRECTOR: MH MUNRO NUMBER OF SHARES DELIVERED: 7 658 TOTAL VALUE (RANDS): R908 928 NUMBER OF SHARES SUBSEQUENTLY SOLD: 7 658 PRICE PER SHARE: R118.69 COMPANY SECRETARY: M A C MAHLARI NUMBER OF SHARES DELIVERED: 1 747 TOTAL VALUE (RANDS): R207 351 NUMBER OF SHARES SUBSEQUENTLY SOLD: 1 747 PRICE PER SHARE: R118.69 TRANSACTION DATE: 23 JUNE 2017 CLASS OF SECURITIES: Ordinary shares EXTENT OF INTERESTS: Direct and beneficial CLEARANCE TO TRANSACT: Yes PURCHASED/SOLD ON MARKET: Yes Tongaat 27 JUNE 2017 Sponsor: Investec Bank limited Date: 27/06/2017 12:00:00 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.