Dealings in securities by share trusts and acceptance of long term incentives by directors and the company secretary Mr Price Group Limited Registration number 1933/004418/06 Incorporated in the Republic of South Africa ISIN: ZAE000200457 JSE share code: MRP (“the Company” or “the Group”) DEALINGS IN SECURITIES BY SHARE TRUSTS AND ACCEPTANCE OF LONG TERM INCENTIVES BY DIRECTORS AND THE COMPANY SECRETARY Purchase of ordinary shares by Mr Price Group Limited Share Trusts The Mr Price Executive Director Share Trust and Mr Price Executive Share Trust have, with prior clearance, acquired a total of 76 128 ordinary shares in the open market on behalf of 32 senior members of Mr Price Group participating in the Executive Forfeitable Share Plan (“EFSP”) to fulfil share awards granted to these participants under the EFSP. These ordinary shares are held in trust and are restricted until all vesting criteria are fulfilled whereupon the shares vest. To the extent that the vesting criteria are not fulfilled the share awards are forfeited. Share Trust: Mr Price Executive Director Share Trust Date of transaction: 29 November 2017 Number of shares: 41 840 Volume weighted average price per share: R214.0648 Highest prices traded: R214.95 Lowest prices traded: R213.68 Total value of transactions: R8 956 471.23 Share Trust: Mr Price Executive Share Trust Date of transactions: 29 November 2017 Number of shares: 34 288 Volume weighted average price per share: R214.0648 Highest prices traded: R214.95 Lowest prices traded: R213.68 Total value of transactions: R7 339 853.86 Acceptance of long term incentives by Directors and the Company Secretary In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following off-market acceptances of ordinary shares and options in respect of ordinary shares on 1 December 2017 by Directors and the Company Secretary of the Company. The routine long-term incentive schemes (LTI’s), which have been approved by shareholders, were designed to be rolling in nature, such that shares vesting on an annual basis would be replaced by additional awards. The dealings disclosed herein represent the ‘top up award’ for those LTI’s vesting in November 2017. Mr Price Executive Director Share Scheme Number of options Option strike Director granted price Total value of transaction Stuart Bird 132 102 R188.37 R24 884 054 Mark Blair 76 510 R188.37 R14 412 189 Steve Ellis 18 520 R188.37 R3 488 612 Mr Price Executive Forfeitable Share Plan (EFSP) Total EFSP Share price on Total value of Director Vanilla award Performance award awards date of grant transaction granted Stuart Bird 12 167 12 167 24 334 R188.37 R4 583 796 Mark Blair 7 047 7 047 14 094 R188.37 R2 654 887 Steve Ellis 1 706 1 706 3 412 R188.37 R642 718 Mr Price Senior Management Share Scheme Number of options Option strike price Total value of transaction Company Secretary granted Janis Cheadle 5 091 R188.37 R958 992 In respect of the EFSP: - The “vanilla” shares vest in 5 years, at a strike price of Rnil, subject to certain employment criteria. - The “performance” shares vest in 5 years, at a strike price of Rnil, subject to the attainment of CPI-linked headline earnings per share growth targets aligned to the Group’s strategic plan. - The shares awarded have been purchased by the LTIs on behalf of the participants, who receive voting rights and dividends during the vesting period. In respect of the Mr Price Executive Director Share Scheme and the Mr Price Senior Management Share Scheme: - Share options vest in 5 years at a strike price of R188.37. - Vesting is subject to certain employment criteria and the attainment of average HEPS growth of CPI + 1% over the vesting period. The nature of interest in respect of each of the above dealings is direct beneficial, and the grant and acceptances were authorised by the Remuneration and Nominations Committee and clearance to deal in each instance was obtained from the Chairman. Durban 5 December 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05/12/2017 03:02:00 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.