Dealing In Stadio Shares By Directors, Associates Of Directors And Directors Of Major Subsidiaries 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”) DEALING IN STADIO SHARES BY DIRECTORS, ASSOCIATES OF DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES PURSUANT TO THE STADIO RIGHTS OFFER Shareholders are hereby advised that the STADIO Rights Offer closed on Friday, 27 October 2017, and shareholders who followed their rights entitlement were issued with STADIO ordinary shares on Monday, 30 October 2017. Accordingly, in compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed regarding the directors, associates of directors and directors of major subsidiaries following their rights entitlement in terms of the STADIO Rights Offer: NAME OF DIRECTOR PN de Waal COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 56 080 TOTAL RAND VALUE OF SECURITIES R140 200.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION NAME OF DIRECTOR CR van der Merwe COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 2 122 949 TOTAL RAND VALUE OF SECURITIES R5 307 372.50 TRANSACTED NAME OF ASSOCIATE Chris van der Merwe Trust RELATIONSHIP WITH DIRECTOR Director is a trustee and beneficiary of the associate NATURE AND EXTENT OF INTEREST Indirect, beneficial IN THE TRANSACTION NAME OF DIRECTOR S Totaram COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 69 970 TOTAL RAND VALUE OF SECURITIES R174 925.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION NAME OF DIRECTOR A Mellet COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Alternate non-executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTIONS Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTIONS 30 October 2017 CENTS PER SECURITY 250 (1 – 3) NUMBER OF SECURITIES TRANSACTED 4 073 (1) 8 008 (2) 12 583 (3) TOTAL RAND VALUE OF SECURITIES R10 182.50 (1) TRANSACTED R20 020.00 (2) R31 457.50 (3) NAME OF ASSCOCIATE Alana Mellet (1) Melandri Investments Proprietary Limited (2) Carmellie Investments Proprietary Limited (3) RELATIONSHIP WITH DIRECTOR Spouse of the director (1) Director is a director of the associate and a trust (of which the director is a beneficiary) is a shareholder of the associate (2) Director is a director of the associate (3) NATURE AND EXTENT OF INTEREST Indirect, non-beneficial (1) IN THE TRANSACTIONS Indirect, beneficial (2) Indirect, non-beneficial (3) NAME OF DIRECTOR DN Hartshorne COMPANY OF WHICH A DIRECTOR STADIO Investment Holdings, a major subsidiary of STADIO STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 3 054 TOTAL RAND VALUE OF SECURITIES R7 635.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION NAME OF DIRECTOR JJ Human COMPANY OF WHICH A DIRECTOR Embury Institute for Higher Education Proprietary Limited, a major subsidiary of STADIO STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 110 112 TOTAL RAND VALUE OF SECURITIES R275 280.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION NAME OF DIRECTOR BJ Passchier COMPANY OF WHICH A DIRECTOR The South African School of Motion Picture Medium and Live Performance Proprietary Limited, a major subsidiary of STADIO STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 6 000 600 TOTAL RAND VALUE OF SECURITIES R15 001 500.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION NAME OF DIRECTOR G Holmes COMPANY OF WHICH A DIRECTOR The South African School of Motion Picture Medium and Live Performance Proprietary Limited, a major subsidiary of STADIO STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Acquisition of shares in STADIO pursuant to following the STADIO rights offer entitlement (on-market transaction) DATE OF TRANSACTION 30 October 2017 CENTS PER SECURITY 250 NUMBER OF SECURITIES TRANSACTED 6 000 600 TOTAL RAND VALUE OF SECURITIES R15 001 500.00 TRANSACTED NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION Clearance to deal in these securities was obtained in accordance with Rule 3.66 of the JSE Limited Listings Requirements. Durbanville 31 October 2017 Sponsor PSG Capital Proprietary Limited Date: 31/10/2017 09:00:00 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.