Dealing in securities by a director of a major subsidiary of Peregrine PEREGRINE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/006026/06) JSE share code: PGR ISIN: ZAE000078127 (“Peregrine”) DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF PEREGRINE Shareholders are referred to the announcement released on SENS on 22 January 2018, in which shareholders were advised that directors (or associates of directors) of Peregrine and Citadel Holdings Proprietary Limited had entered into off-market transactions in terms of which all or a portion of the shares held by them in Sandown Capital Limited had been swapped for Peregrine shares. Shareholders are advised of the following information relating to the dealing in securities by a director of a major subsidiary of Peregrine: Name of director: Charlene Nolan Name of subsidiary: Citadel Holdings Proprietary Limited Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 6 518 Price per security: R24.50 Total value of transaction: R159 691.00 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 25 January 2018 Joint sponsor Java Capital Joint independent sponsor Deloitte & Touche Sponsor Date: 25/01/2018 04:25:00 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.