MURRAY & ROBERTS HOLDINGS LIMITED - Dealing in securities by Directors and the Murray & Roberts Holdings Forfeitable Share Plan (FSP)

Dealing in securities by Directors and the Murray & Roberts Holdings Forfeitable Share Plan (“FSP”)

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN: ZAE000073441
(“Murray & Roberts” or “Company”)

Dealing in securities by Directors and the Murray & Roberts Holdings Forfeitable Share
Plan (“FSP”)

1. Vesting of March 2015 FSP Allocation

As has been disclosed in the Company’s 2017 Annual Integrated report, only 50% of the
March 2015 allocation of forfeitable shares have vested, as certain of the performance
conditions were not met. The shares vested on 1 March 2018, at a price of R11,16 per share,
and the shares were transferred off-market. The interests in these transactions will be directly
and beneficially held by the respective executives.

Name of director:                     H Laas
Company:                              Murray & Roberts Holdings Limited
Shares delivered:                     61 500 ordinary shares
Value of transaction:                 R 686 340

Name of director:                     D Grobler
Company:                              Murray & Roberts Holdings Limited
Shares delivered:                     17 500 ordinary shares
Value of transaction:                 R195 300

Name of subsidiary director:          O Fenn
Subsidiary company:                   Murray & Roberts Limited
Shares delivered:                     28 500 ordinary shares
Value of transaction:                 R318 060

Name of subsidiary director:          S Harrison
Subsidiary company:                   Murray & Roberts Limited
Shares delivered:                     17 500 ordinary shares
Value of transaction:                 R195 300

Name of subsidiary director:          I Henstock
Subsidiary company:                   Murray & Roberts Limited
Shares delivered:                     22 500 ordinary shares
Value of transaction:                 R251 100
Name of subsidiary director:          T Mdluli
Subsidiary company:                   Murray & Roberts Limited
Shares delivered:                     22 500 ordinary shares
Value of transaction:                 R251 100


2. Trading of Murray & Roberts ordinary shares

The following executives sold a portion of the vested shares through on-market trades to settle
the tax arising from the vesting event on 1 March 2018. The interests in these transactions
were directly and beneficially held by the respective executives.

Name of director:                            D Grobler
Shares sold:                                 8 137 ordinary shares
Highest price per share:                     R11.06
Lowest price per share:                      R10.70
Volume weighted average price per share:     R10.8436
Value of transaction:                        R88 234.37

Name of subsidiary director:                 O Fenn
Subsidiary company:                          Murray & Roberts Limited
Shares sold:                                 13 252 ordinary shares
Highest price per share:                     R11.06
Lowest price per share:                      R10.70
Volume weighted average price per share:     R10.8436
Value of transaction:                        R143 699.39

Name of subsidiary director:                 S Harrison
Subsidiary company:                          Murray & Roberts Limited
Shares sold:                                 8 137 ordinary shares
Highest price per share:                     R11.06
Lowest price per share:                      R10.70
Volume weighted average price per share:     R10.8436
Value of transaction:                        R88 234.37

Name of subsidiary director:                 I Henstock
Subsidiary company:                          Murray & Roberts Limited
Shares sold:                                 10 462 ordinary shares
Highest price per share:                     R11.06
Lowest price per share:                      R10.70
Volume weighted average price per share:     R10.8435
Value of transaction:                        R113 444.70

Name of subsidiary director:                 T Mdluli
Subsidiary company:                          Murray & Roberts Limited
Shares sold:                                 10 462 ordinary shares
Highest price per share:                     R11.06
Lowest price per share:                      R10.70
Volume weighted average price per share:     R10.8435
Value of transaction:                        R113 444.70
3. Trading of Murray & Roberts ordinary shares on behalf of the FSP

The FSP sold the Company’s ordinary shares, through an on-market trade to settle its
obligations in terms of the rules of the FSP, as follows:

       Date:                                            1 March 2018
       Number of shares sold:                           8 137
       Sale price per share:                            R10.8436
       Value of transaction:                            R88 234.37

All values are before brokerage fees. Clearance has been obtained in terms of paragraph
3.66 of the JSE Limited Listings Requirements.

Bedfordview
5 March 2018

Sponsor: Deutsche Securities (SA) Proprietary Limited

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