Dealing in securities by director Wilson Bayly Holmes - Ovcon Ltd (Incorporated in the Republic of South Africa) (Registration number 1982/011014/06) Share code: WBO ISIN: ZAE000009932 DEALING IN SECURITIES BY DIRECTOR In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: Company director: MS Wylie Name of Associate: The Wylie Family Trust Date of transaction: 29 June 2017 Number of shares: 246 076 Number of tranches 10 Trade type Zero Cost Collar Nature Off market Class of shares: Ordinary shares Nature of interest: Indirect beneficial Clearance: Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained. Tranche 1 Put Strike 120.78 Call Strike 161.96 Expiry date 01 July 2019 Number of Shares 24 613 Tranche 2 Put Strike 153.72 Call Strike 194.90 Expiry date 15 July 2019 Number of Shares 24 607 Tranche 3 Put Strike 124.21 Call Strike 165.39 Expiry date 29 July 2019 Number of Shares 24 607 Tranche 4 Put Strike 150.29 Call Strike 191.46 Expiry date 13 August 2019 Number of Shares 24 607 Tranche 5 Put Strike 127.64 Call Strike 168.82 Expiry date 27 August 2019 Number of Shares 24 607 Tranche 6 Put Strike 146.86 Call Strike 188.03 Expiry date 10 September 2019 Number of Shares 24 607 Tranche 7 Put Strike 131.07 Call Strike 172.25 Expiry date 25 September 2019 Number of Shares 24 607 Tranche 8 Put Strike 143.43 Call Strike 184.60 Expiry date 09 October 2019 Number of Shares 24 607 Tranche 9 Put Strike 134.51 Call Strike 175.68 Expiry date 23 October 2019 Number of Shares 24 607 Tranche 10 Put Strike 140.00 Call Strike 181.17 Expiry date 6 November 2019 Number of Shares 24 607 Date : 30 June 2017 Johannesburg Sponsor: Investec Bank Limited Date: 30/06/2017 10:20:00 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.