Dealings in securities by an associate of a director Invicta Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1966/002182/06) Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773 Preference Share code: IVTP Preference Share ISIN: ZAE000173399 ("Invicta") Dealings in securities by an associate of a director In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in respect of the following transaction by an associate of an Invicta director: Name of director: A Goldstone (Chief Executive Officer) Name of associate: Soundprops 1091 CC Relationship to director: The director is a beneficiary and trustee of the sole member of the close corporation Date of transaction: 2 February 2018 Number of shares purchased: 150 preference shares Nature of transaction: Purchase Price per share: R84.00 Value of transaction: R12 600.00 Nature of interest: Indirect beneficial Trade: On-market Name of director: A Goldstone (Chief Executive Officer) Name of associate: Soundprops 1091 CC Relationship to director: The director is a beneficiary and trustee of the sole member of the close corporation Date of transaction: 5 February 2018 Number of shares purchased: 9 850 preference shares Nature of transaction: Purchase Price per share: R84.00 Value of transaction: R827 400.00 Nature of interest: Indirect beneficial Trade: On-market Cape Town 6 February 2018 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 06/02/2018 09:16:00 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.