Acceptance Of Options Offered By The Grand Parade Share Incentive Trust GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the company”) ACCEPTANCE OF OPTIONS OFFERED BY THE GRAND PARADE SHARE INCENTIVE TRUST In compliance with rules 3.63 to 3.74 of the JSE Limited’s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR Hassen Adams COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE NUMBER OF OPTIONS GRANTED 2,377,924 OPTION STRIKE PRICE R 2.61 (GPI’s 30-day volume weighted average traded price at 22 September 2017) TOTAL RAND VALUE OF OPTIONS R 6,206,381.64 STRIKE DATES OF OPTIONS 26 September 2019; 26 September 2020; 26 September 2021 and 26 September 2022 * PERIOD OF EXERCISE Participants have a 180-day period from the respective strike dates during which options can be exercised DATE OF AWARD 26 September 2017 DATE OPTIONS ACCEPTED 9 October 2017 CLASS AND TYPE OF SECURITIES Options in respect of ordinary shares NATURE OF TRANSACTION Acceptance of options granted to subscribe for ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF INTEREST Direct beneficial IN THE TRANSACTION CLEARANCE OBTAINED Yes *The options will vest in 4 tranches of 25% each on the respective strike dates specified above. NAME OF DIRECTOR Tasneem Karriem COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive NUMBER OF OPTIONS GRANTED 921,406 OPTION STRIKE PRICE R 2.61(GPI’s 30-day volume weighted average traded price at 22 September 2017) TOTAL RAND VALUE OF OPTIONS R 2,404,869.66 STRIKE DATES OF OPTIONS 26 September 2019; 26 September 2020; 26 September 2021 and 26 September 2022 * PERIOD OF EXERCISE Participants have a 180-day period from the respective strike dates during which options can be exercised DATE AWARD 26 September 2017 DATE OPTIONS ACCEPTED 9 October 2017 CLASS AND TYPE OF SECURITIES Options in respect of ordinary shares NATURE OF TRANSACTION Acceptance of options granted to subscribe for ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes *The options will vest in 4 tranches of 25% each on the respective strike dates specified above. NAME OF DIRECTOR Dylan Pienaar COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive NUMBER OF OPTIONS GRANTED 1,026,555 OPTION STRIKE PRICE R 2.61(GPI’s 30-day volume weighted average traded price at 22 September 2017) TOTAL RAND VALUE OF OPTIONS R 2,679,308.55 STRIKE DATES OF OPTIONS 26 September 2019; 26 September 2020; 26 September 2021 and 26 September 2022 * PERIOD OF EXERCISE Participants have a 180-day period from the respective strike dates during which options can be exercised DATE OF AWARD 26 September 2017 DATE OPTIONS ACCEPTED 9 October 2017 CLASS AND TYPE OF SECURITIES Options in respect of ordinary shares NATURE OF TRANSACTION Acceptance of options granted to subscribe for ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Yes *The options will vest in 4 tranches of 25% each on the respective strike dates specified above. Clearance to accept these share option awards was obtained in accordance with rule 3.66 of the JSE Limited Listings Requirements. 9 October 2017 Cape Town Sponsor PSG Capital Proprietary Limited Date: 09/10/2017 05:15:00 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.