Dealings in securities by associates of directors METTLE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/002061/06) JSE share code: MLE ISIN: ZAE000257622 ("Mettle” or "the Company") DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS In compliance with paragraphs 3.63 of the JSE Listings Requirements, the following information is disclosed in respect of the purchase of ordinary shares in Mettle by associates of directors of the Company: Transaction 1 Name of director: FH Esterhuyse Type of director: Non-executive director Name of associate: Aapstert Investments Proprietary Limited Relationship: Mr. FH Esterhuyse is a beneficiary of the sole shareholder of Aapstert Investments Proprietary Limited Nature of transaction: On-market purchase Nature of interest: Indirect beneficial Clearance to deal obtained: Yes Trade 1: Number and class of securities purchased: 62 500 ordinary shares Date of transaction: 10 July 2018 Price: 80 cents per share Total value: R50 000.00 Trade 2: Number and class of securities purchased: 2 705 ordinary shares Date of transaction: 13 July 2018 Price: 90 cents per share Total value: R2 434.50 Transaction 2 Name of director: M Wentzel Type of director: Independent non-executive director Name of associate: Metcap 14 Proprietary Limited Relationship: Mr. M Wentzel and immediate family are beneficiaries of a trust which wholly-owns Metcap 14 Nature of transaction: On-market purchase Nature of interest: Indirect beneficial Clearance to deal obtained: Yes Trade 1: Number and class of securities purchased: 140 161 ordinary shares Date of transaction: 10 July 2018 High price: 80 cents per share Low price: 79 cents per share Weighted average price: 79.95 cents per share Total value: R112 058.72 Trade2: Number and class of securities purchased: 133 656 ordinary shares Date of transaction: 11 July 2018 High price: 105 cents per share Low price: 90 cents per share Weighted average price: 98.03 cents per share Total value: R131 022.98 Cape Town 16 July 2018 Designated Advisor Questco Corporate Advisory (Pty) Ltd Date: 16/07/2018 01:40:00 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.