Dealings In Shares By A Director Of A Major Subsidiary Of KAP KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 (“KAP” or “the Company”) DEALINGS IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF KAP In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Theunis Roux Nel COMPANY OF WHICH A DIRECTOR Unitrans Holdings Proprietary Limited (a major subsidiary of the Company) STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares (on-market transaction) (1)-(3) DATES OF TRANSACTIONS 10 September 2018 (1) 11 September 2018 (2) 12 September 2018 (3) PRICE PER SECURITY 745 cents (1) High: 727 cents (2) Low: 725 cents VWAP: 725 cents 721 cents (3) NUMBER OF SECURITIES TRANSACTED 1 788 (1) 150 162 (2) 31 262 (3) TOTAL RAND VALUE OF SECURITIES R13 320.60 (1) TRANSACTED R1 088 689.18 (2) R225 399.02 (3) NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial (1)-(3) TRANSACTIONS Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. By order of the Board Stellenbosch 13 September 2018 Sponsor PSG Capital Date: 13/09/2018 02:40:00 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.