Dealing in Securities by Directors' 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 JSE code: PPC005 JSE ISIN: ZAG000117532 (“PPC” or the “Company”) DEALING IN SECURITIES BY DIRECTORS’ 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), which is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered investment manager for various funds advised by VCP. Date of transaction : 14 September 2018 Number of securities : 37,993,789 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R5.50 Total value of transaction : R208,965,839.50 Date of transaction : 17 September 2018 Number of securities : 1,489,017 Nature of transaction : On-market purchase of PPC Ltd shares Share price : R5.9993 Total value of transaction : R8,933,059.69 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Sandton 19 September 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: 19/09/2018 09:46:00 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.