Dealings In Securities METAIR INVESTMENTS LIMITED (Reg No. 1948/031013/06) (Incorporated in the Republic of South Africa) Share code: MTA ISIN code: ZAE000090692 (“Metair”) DEALINGS IN SECURITIES In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), the following off-market transactions by directors of Metair and its major subsidiaries and the company secretary (“Participants”) are hereby disclosed. ALLOCATION OF PERFORMANCE SHARES The terms and conditions of the performance shares (“PS”) are: Date of award 3 April 2018 Number of PS awarded to Participants 219 701 Price paid per PS Nil Total value of transaction Nil Allocation price per PS R23.00 being the closing price on 29 March 2018 Class of securities Ordinary shares Nature of transaction Acceptance of PS Vesting date 3 April 2021 Vesting period PS vest on the third anniversary of the award date to the extent that the company’s performance criteria during the intervening period has been met Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements The details of the allocation of the PS per Participant are set out below. The nature of the interest of all Participants is direct beneficial. Deemed value of PS No. of PS Participant Company name (Rand) accepted Mr G. Paker Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 28 406 653 338.00 Mr T. Tulgar Mutlu Holding Anonim Sirketi 7 096 163 208.00 Mr M. Bukagikiran Mutlu Holding Anonim Sirketi 7 309 168 107.00 Mr A. Ozutku Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 6 446 148 258.00 Mr H. Demir Mutlu Holding Anonim Sirketi 7 238 166 474.00 Mr Y. Kaptan Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 9 840 226 320.00 Mr H. Okur Mutlu Holding Anonim Sirketi 8 013 184 299.00 Mr V. Kizil Mutlu Holding Anonim Sirketi 6 573 151 179.00 Mr A. Onal Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 6 434 147 982.00 Mr E. Tavukcu Mutlu Holding Anonim Sirketi 4 490 103 270.00 Mr O. Bekiroglu Mutlu Holding Anonim Sirketi 7 782 178 986.00 Mr A. Lulsdorf Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 7 732 177 836.00 Mr D. Seker Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi 13 143 302 289.00 Mr C.T. Loock Metair 55 805 1 283 515.00 Mr S. Douwenga Metair 27 275 627 325.00 Mr A. Jogia Metair 7 611 175 053.00 Ms S.M. Vermaak Metair 8 508 195 684.00 Johannesburg 4 April 2018 Sponsor One Capital Date: 04/04/2018 12:50:00 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.