Dealing in Securities by a Director's Associate PPC Ltd Incorporated in the Republic of South Africa Registration number 1892/000667/06 JSE ISIN: ZAE000170049 JSE & ZSE share codes: PPC JSE code: PPC002 JSE ISIN: ZAG000111212 JSE code: PPC003 JSE ISIN: ZAG000117524 (“PPC” or the “Company”) DEALING IN SECURITIES BY A DIRECTOR’S ASSOCIATE In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the dealings in PPC securities by a director’s associate: Director : Mr AC Ball Director : Ms N Mkhondo Director’s Associate : Value Capital Partners Pty Ltd (“VCP”) (in which Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest), who are the advisors 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 : 22 June 2018 Number of securities : 178,934 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R6.9437 Total value of transaction : R1,242,464.02 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Director : Mr AC Ball Director : Ms N Mkhondo Director’s Associate : Value Capital Partners Pty Ltd (“VCP”) (in which Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest), who are the advisors 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 : 21 June 2018 Number of securities : 750,000 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R7.2707 Total value of transaction : R5,453,025.00 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Director : Mr AC Ball Director : Ms N Mkhondo Director’s Associate : Value Capital Partners Pty Ltd (“VCP”) (in which Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest), who are the advisors 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 : 20 June 2018 Number of securities : 8,310,413 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R7.4866 Total value of transaction : R62,216,737.97 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Director : Mr AC Ball Director : Ms N Mkhondo Director’s Associate : Value Capital Partners Pty Ltd (“VCP”) (in which Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest), who are the advisors 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 : 19 June 2018 Number of securities : 367,145 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R7.3378 Total value of transaction : R2,694,036.58 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Sandton 25 June 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: 25/06/2018 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.