Dealings In Securities By A Director Of Major Subsidiaries Of Kap KAP Industrial Holdings Limited (Incorporated in the Republic of South Africa) Registration number: 1978/000181/06 Share Code: KAP ISIN: ZAE000171963 (“KAP” or “the Company”) DEALINGS IN SECURITIES BY A DIRECTOR OF MAJOR SUBSIDIARIES OF KAP Notice is given, in terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, of the following transactions in respect of the Company’s shares by a director of two major subsidiaries of KAP: NAME OF DIRECTOR Sibusiso Penwell Lunga STATUS OF DIRECTOR Executive director of two major subsidiaries of KAP NAME OF MAJOR SUBSIDIARIES KAP Diversified Industrial Proprietary Limited and Unitrans Holdings Proprietary Limited TYPE OF SECURITIES KAP ordinary shares of no par value DATE OF TRANSACTIONS 12 December 2017 CENTS PER SHARE High:771 Low:764 VWAP:766 NUMBER OF SECURITIES TRANSACTED 266 000 TOTAL RAND VALUE OF SECURITIES R2 038 336.87 NATURE OF TRANSACTIONS Disposal of shares (On-market transactions) NATURE AND EXTENT OF DIRECTOR’S Direct, beneficial INTEREST IN THE TRANSACTIONS CONFIRMATION THAT CLEARANCE HAS Yes BEEN GIVEN IN TERMS OF PARAGRAPH 3.66 By order of the Board 14 December 2017 Sponsor: PSG Capital Proprietary Limited Date: 14/12/2017 12:00:00 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.