Dealing In Securities By The Directors Pursuant To The Allocation Of Shares By The Racing Association Phumelela Gaming & Leisure Limited (Incorporated in the Republic of South Africa) (Registration number 1997/016610/06) Share code : PHM ISIN: ZAE000039269 DEALING IN SECURITIES BY THE DIRECTORS PURSUANT TO THE ALLOCATION OF SHARES BY THE RACING ASSOCIATION (“RA”) TO ITS MEMBERS IN GOOD STANDING In compliance with Rule 3.63 to 3.66 of the JSE Listings Requirements, the following information is disclosed: Director : J B Walters Number of shares : 4551 Price per share : 1739 cents Date of transaction : 27 July 2017 Value of transaction : R79,141.89 Class of shares : Ordinary Nature of transaction : Off market purchase of shares arising in terms of the RA allocation Nature of interest : Direct Beneficial Director : M J Jooste Number of shares : 2051 Price per share : 1739 cents Date of transaction : 27 July 2017 Value of transaction : R35,666.89 Class of shares : Ordinary Nature of transaction : Off market purchase of shares arising in terms of the RA allocation Nature of interest : Direct Beneficial Director : W A du Plessis Associate’s name - spouse : S J du Plessis Number of shares : 10 676 Price per share : 1739 cents Date of transaction : 27 July 2017 Value of transaction : R185,655.64 Class of shares : Ordinary Nature of transaction : Off market purchase of shares arising in terms of the RA allocation Nature of interest : Indirect Beneficial Director : V J Moodley Associate’s name - spouse : V Moodley Number of shares : 3000 Price per share : Nil Date of transaction : 27 July 2017 Deemed value of transaction : R58 830 Class of shares : Ordinary Nature of transaction : Off market, acceptance of share award in terms of the RA allocation Nature of interest : Indirect Beneficial The Chairman of Phumelela Gaming and Leisure granted clearance for the above transaction. Johannesburg 28 July 2017 Sponsor and Investment Bank Investec Bank Limited Date: 28/07/2017 04:25:00 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.