Notification of dealings by a director and an associate of a director ROLFES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/002715/06) Share Code: RLF & ISIN: ZAE000159836 ("Rolfes" or "the Company") NOTIFICATION OF DEALINGS BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR Company: Rolfes Holdings Limited Director: Michael Solomon Teke Designation: Non-Executive Chairman Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Date of trades: 19 February 2018 Price: 270,00 cents Number of shares: 185 000 (one hundred and eighty five thousand) Transaction value: R 499 500,00 Permission to deal obtained: Yes Company: Rolfes Holdings Limited Director: Richard Matthew Buttle Designation: Chief Executive Officer Associate: Sharon Pauline Buttle Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Director’s interest in transaction: Dealing by an associate of a director Date of trades: 19 February 2018 Volume weighted average price: 272,18 cents Highest price: 275 cents Lowest price: 260 cents Number of shares: 325 000 (three hundred and twenty five thousand) Transaction value: R 884 585,00 Permission to deal obtained: Yes Johannesburg 20 February 2018 Sponsor: Grindrod Bank Limited Investor relations: Singular Systems Date: 20/02/2018 02:16:00 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.