Dealings in securities by directors and by an associate of a director of Sandown Capital SANDOWN CAPITAL LIMITED (Incorporated in South Africa) (Registration number 2000/013674/06) Share code: SDC ISIN: ZAE000249645 (“Sandown Capital” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS AND BY AN ASSOCIATE OF A DIRECTOR OF SANDOWN CAPITAL Shareholders are advised of the following information relating to dealings in securities by directors and by an associate of a director of the company: Name of director: Sean Jelley Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 1 750 000 Price per security: R3.29 Total value of transaction: R5 757 500 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct Clearance to deal received: Yes Name of director: Sean Melnick Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 2 999 048 Price per security: R3.29 Total value of transaction: R9 866 867.92 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct Clearance to deal received: Yes Name of director: Sean Melnick Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 9 577 996 Price per security: R3.31854 Total value of transaction: R31 785 001.50 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Direct Clearance to deal received: Yes Name of associate: Max Brozin Investment Corporation Pty Ltd Name of director and relationship to director: Lawrie Brozin, who is a director and shareholder of Max Brozin Investment Corporation Pty Ltd Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 6 000 000 Price per security: R3.29 Total value of transaction: R19 740 000 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 22 January 2018 Sponsor Java Capital Date: 22/01/2018 04:01:00 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.