Dealings in Securities by a Director and Transfer of Shares from a Director to an Associate of a Director MICROmega Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/003821/06) Share code: MMG ISIN: ZAE000034435 DEALINGS IN SECURITIES BY A DIRECTOR AND TRANSFER OF SHARES FROM A DIRECTOR TO AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Russell Dick Company: MICROmega Holdings Limited Class of securities: Ordinary shares Clearance to deal obtained: Yes Nature of transaction: Exercise of share options off market Extent of director’s interest: Direct beneficial Date of exercise: 29 March 2018 Date share options granted: 5 September 2013 30 April 2014 Expiry date of share options: 4 September 2021 29 April 2022 Number of securities: 108 333 100 000 Strike price of share options R2.35 R8.00 Total value of options exercised: R254 582.55 R800 000.00 Company: MICROmega Holdings Limited Nature of transaction: Transfer of shares off market from a director, Mr Russell Dick, to an associate of a director, Lylalex Proprietary Limited Extent of director’s interest: Direct beneficial Relationship of director to associate: Mr Russell Dick is the sole shareholder in Lylalex Proprietary Limited Extent of director’s interest in associate: Indirect beneficial Class of securities: Ordinary shares Clearance to deal obtained: Yes Date of transaction: 28 March 2018 Price per security: R9.90 Number of securities: 384 454 Total value: R3 806 094.60 Johannesburg 29 March 2018 Sponsor Merchantec Capital Date: 29/03/2018 04:35:00 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.