Granting and acceptance of options by directors of the company secretary Tradehold Limited (Incorporated in the Republic of South Africa) (Registration number 1970/009054/06) JSE code: TDH ISIN: ZAE000152658 (“TDH”) GRANTING AND ACCEPTANCE OF OPTIONS BY DIRECTORS OF THE COMPANY SECRETARY In compliance with Schedule 14.9 and paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited, the following information regarding the granting and acceptance of options in terms of the Tradehold Employee Share Option Scheme is disclosed: Name of director WD Marais Name of company Mettle Corporate Finance Proprietary Limited, a wholly owned subsidiary of Tradehold Nature of transaction Grant and acceptance of options (Off market) Nature of interest Direct, Beneficial Class of securities Ordinary shares Date of grant 4 December 2017 Date of acceptance 4 December 2017 Number of options 53 819 Option strike price R17.91 (TDH’s 30-day volume weighted average traded price at 20 November 2017) VALUE OF TRANSACTION R963 839.51 Vesting date In tranches of 1/3(one third) each on the 4th, 5th and 6th anniversary of the grant respectively Expiry date 4 December 2024 Clearance obtained Yes Name of director AT Kretzmann Name of company Mettle Corporate Finance Proprietary Limited, a wholly owned subsidiary of Tradehold Nature of transaction Grant and acceptance of options (Off market) Nature of interest Direct, Beneficial Class of securities Ordinary shares Date of grant 4 November 2017 Date of acceptance 4 December 2017 Number of options 27 207 Option strike price R17.91 (TDH’s 30-day volume weighted average traded price at 20 November 2017) VALUE OF TRANSACTION R487 247.65 Vesting date In tranches of 1/3(one third) each on the 4th, 5th and 6th anniversary of the grant respectively Expiry date 4 December 2024 Clearance obtained Yes Clearance under paragraph 3.66 of the JSE Listings Requirements was obtained in respect of each of the transactions. Cape Town 4 December 2017 Sponsor Bravura Capital Proprietary Limited Date: 04/12/2017 01:08:00 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.