Dealings In Stadio Shares By A Director Of A Major Subsidiary Of Stadio 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 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 Ordinary shares in STADIO NATURE OF TRANSACTION Donation of shares in STADIO by a director of a major subsidiary (off-market transaction) DATE OF TRANSACTION 28 November 2017 MARKET PRICE PER SECURITY R8.57 NUMBER OF SECURITIES 446 000 TRANSACTED TOTAL RAND VALUE OF R3 822 220 SECURITIES TRANSACTED NATURE AND EXTENT OF Direct beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED IN TERMS Yes OF SECTION 3.66 OF THE JSE LISTINGS REQUIREMENTS Durbanville 1 December 2017 Sponsor: PSG Capital Proprietary Limited Date: 01/12/2017 02:45:00 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.