Directors Dealings – Trading of WBHO Ordinary Shares WILSON BAYLY HOLMES - OVCON LIMITED Building and civil engineering contractors (Registration no. 1982/011014/06) ISIN No: ZAE 000009932 Share code: WBO (“WBHO” or “the Company”) DIRECTORS DEALINGS – TRADING OF WBHO ORDINARY SHARES A notice was issued to shareholders informing them of this vesting event for the 2014 allocation of performance shares. The following executives sold vested shares through on-market trades on 23 March 2018. The nature of all the trades are direct beneficial. The respective executive’s transactions are listed below: Name of director: EL Nel Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 8 267 of tax: Highest price per share: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 1 255 014.92 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 7 832 of tax: Highest price per shares: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 1 188 977.49 Name of director: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 7 832 of tax: Additional shares sold 9 570 Highest price per shares: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 2 641 801.10 Name of director: RM Smith Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 7 832 of tax: Highest price per shares: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 1 188 977.49 Name of director: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 4 351 of tax: Additional shares sold: 5 318 Highest price per shares: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 1 467 852.82 Name of company secretary: S Vally Kara Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 2 174 of tax: Highest price per shares: R 157.00 Lowest price per share: R 150.00 Volume weighted average price R 151.8102 per share: Value of transaction: R 330 035.37 All values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. By order of the board Johannesburg 26 March 2018 Sponsor: Investec Bank Limited Date: 26/03/2018 05:15:00 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.