Dealings in Securities by an Associate of a Director Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 ("Bauba") DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Dr NM Phosa Company: Bauba Platinum Limited Name of associate: Math-Pin Trust Relationship of associate to director: Dr NM Phosa is a Trustee of Math-Pin Trust Class of securities: Bauba ordinary shares Nature of transaction: Sale of shares on market Extent of director’s interest: Indirect beneficial Date of transaction: 9 October 2017 9 October 2017 Selling price: R0.71 R0.74 Number of securities: 22 041 25 000 Total value: R15 649.11 R18 500.00 Date of transaction: 11 October 2017 11 October 2017 Selling price: R0.71 R0.72 Number of securities: 78 411 110 000 Total value: R55 671.81 R79 200.00 Date of transaction: 12 October 2017 Selling price: R0.70 Number of securities: 49 500 Total value: R34 650.00 Date of transaction: 13 October 2017 Selling price: R0.71 Number of securities: 91 000 Total value: R64 610.00 Johannesburg 17 October 2017 Sponsor Merchantec Capital Date: 17/10/2017 01:34:00 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.