Dealings in Securities by a Directors' Associate PPC Ltd Incorporated in the Republic of South Africa (Registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE & ZSE share codes: PPC (“PPC” or the “Company”) DEALING IN SECURITIES BY A DIRECTORS’ ASSOCIATE In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the dealings in PPC securities by a directors’ associate: Director : Mr AC Ball Director : Ms N Mkhondo Director’s Associate : Value Capital Partners (Pty) Ltd (“VCP”) (through which Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in the Value Active PFP H4 QI Hedge Fund and the Segregated Mandate in respect of the Sentinel Retirement Fund). VCP is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered Fund Investment Manager for the Value Active PFP H4 QI Hedge Fund and the Segregated Mandate in respect of the Sentinel Retirement Fund Date of transaction : 27 March 2018 Number of securities : 117,815 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R7.5412 Total value of transaction : R888,466.48 Date of transaction : 26 March 2018 Number of securities : 433,247 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R7.2992 Total value of transaction : R3,162,356.50 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Sandton 28 March 2018 Sponsor: Merrill Lynch South Africa (Pty) Limited Investor contacts: PPC: Anashrin Pillay Tel: +27 (0)11 386 9000 Anashrin.Pillay@ppc.co.za Date: 28/03/2018 05:00:00 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.