Dealings in STADIO Shares by a Director of a Major Subsidiary STADIO HOLDINGS LIMITED (Previously Embury Holdings Proprietary Limited) (Incorporated in the Republic of South Africa) Registration number: 2016/371398/06 JSE share code: SDO ISIN ZAE000248662 (“STADIO”) DEALINGS IN STADIO SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF STADIO In compliance with Sections 3.63 to 3.74 of the JSE Limited Listings Requirements the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Garth Holmes COMPANY OF WHICH I AM A The South African School of DIRECTOR Motion Picture Medium and Live Performance Proprietary Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE OF SECURITIES 1) Ordinary shares in STADIO 2) Rights to ordinary shares in STADIO 3) Rights to ordinary shares in STADIO NATURE OF TRANSACTION 1) Donation of shares in STADIO by a director of a major subsidiary (off-market transaction) 2) Disposal of Rights to ordinary shares in STADIO (on- market transaction), the proceeds of which will be used by the director to follow his remaining rights in terms of the Rights Offer 3) Disposal of Rights to ordinary shares in STADIO (on- market transaction), the proceeds of which will be used by the director to follow his remaining rights in terms of the Rights Offer DATE OF TRANSACTION 1) 9 October 2017 2) 17 October 2017 3) 18 October 2017 MARKET / SALE PRICE PER 1) R6.20 SECURITY 2) R3.50 3) R3.70 NUMBER OF SECURITIES 1) 385 614 TRANSACTED 2) 4 319 252 3) 40 953 TOTAL RAND VALUE OF 1) R2 390 806.80 SECURITIES TRANSACTED 2) R15 117 382.00 3) R151 526.10 NATURE AND EXTENT OF Direct INTEREST IN THE TRANSACTION NAME OF DIRECTOR Bata Judah Passchier COMPANY OF WHICH I AM A The South African School of DIRECTOR Motion Picture Medium and Live Performance Proprietary Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE OF SECURITIES 1) Ordinary shares in STADIO 2) Rights to ordinary shares in STADIO 3) Rights to ordinary shares in STADIO NATURE OF TRANSACTION 1) Donation of shares in STADIO by a director of a major subsidiary (off-market transaction) 2) Disposal of Rights to ordinary shares in STADIO (on- market transaction), the proceeds of which will be used by the director to follow his remaining rights in terms of the Rights Offer 3) Disposal of Rights to ordinary shares in STADIO (on- market transaction), the proceeds of which will be used by the director to follow his remaining rights in terms of the Rights Offer DATE OF TRANSACTION 1) 9 October 2017 2) 17 October 2017 3) 18 October 2017 MARKET / SALE PRICE PER 1) R6.20 SECURITY 2) R3.50 3) R3.70 NUMBER OF SECURITIES 1) 385 614 TRANSACTED 2) 4 319 252 3) 40 953 TOTAL RAND VALUE OF 1) R2 390 806.80 SECURITIES TRANSACTED 2) R15 117 382.00 3) R151 526.10 NATURE AND EXTENT OF Direct INTEREST IN THE TRANSACTION Durbanville 23 October 2017 Sponsor: PSG Capital Proprietary Limited Date: 23/10/2017 03:49:00 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.