Dealing in securities by a director 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 BY A DIRECTOR Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Limited by the company on 25 July 2017 with regards to share appreciation rights (“SARs”) exercised by a director of the company (“the Participant”) 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 Participant 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. The below table details the number of shares disposed and proceeds received by the Participant: Name of director: Mark Herskovits Name of company: Transaction Capital Limited Date of sale: 4 August 2017 Nature & class of securities: On market sale of ordinary shares Total number of securities: 398 099 Volume weighted average price per share: R14.70 Highest traded price on the day: R14.71 Lowest traded price on the day: R14.70 Value of transaction: R5 852 294.16 Extent of interest: Direct, beneficial Clearance obtained: Yes Dunkeld West 8 August 2017 Enquiries: Phillipe Welthagen - Investor Relations Telephone: +27 (0) 11 049 6700 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/08/2017 08:45:00 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.