NOTIFICATION OF DEALINGS BY AN ASSOCIATE OF A DIRECTOR ROLFES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/002715/06) Share Code: RLF & ISIN: ZAE000159836 ("Rolfes" or "the Company") NOTIFICATION OF DEALINGS BY AN ASSOCIATE OF A DIRECTOR Company: Rolfes Holdings Limited Director: Jarred Ryan Winer Designation: Non Executive Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Director’s interest in transaction: Directly beneficial Date of trades: 18 September 2018 Highest price: 251,00 cents Lowest price: 240,00 cents Volume weighted average price: 243,13 Number of shares: 75 000 (seventy five thousand) Transaction value: R 182 345,00 Permission to deal obtained: Yes Company: Rolfes Holdings Limited Director: Christopher Stefan Seabrooke Designation: Non Executive Associate: Sabvest Finance and Guarantee Corporation (Pty) Limited, wholly owned by Sabvest Limited which is controlled by The Seabrooke Family Trust Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Director’s interest in transaction: Dealing by an associate of a director Date of trades: 18 September 2018 Highest price: 260,00 cents Lowest price: 240,00 cents Volume weighted average price: 250,95 cents Number of shares: 339 674 (three hundred and thirty nine thousand, six hundred and seventy four) Transaction value: R 852 411,90 Permission to deal obtained: Yes Company: Rolfes Holdings Limited Director: Christopher Stefan Seabrooke Designation: Non Executive Associate: Sabvest Finance and Guarantee Corporation (Pty) Limited, wholly owned by Sabvest Limited which is controlled by The Seabrooke Family Trust Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Director’s interest in transaction: Dealing by an associate of a director Date of trades: 19 September 2018 Highest price: 260,00 cents Lowest price: 250,00 cents Volume weighted average price: 251,79 cents Number of shares: 122 550 (one hundred and twenty two thousand, five hundred and fifty) Transaction value: R 308 568,65 Permission to deal obtained: Yes Johannesburg 20 September 2018 Sponsor: Grindrod Bank Limited Date: 20/09/2018 04:18:00 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.