PPC Investor Week Monday 24th September to the Thursday 27th September 2018 PPC Ltd Operating update (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) ISIN: ZAE000170049 JSE & ZSE Share Code: PPC JSE code: PPC002 JSE ISIN: ZAG000111212 JSE code: PPC003 JSE ISIN: ZAG000117524 JSE code: PPC005 JSE ISIN: ZAG000117532 ("PPC" or the "Company") PPC INVESTOR WEEK MONDAY 24TH SEPTEMBER TO THE THURSDAY 27TH SEPTEMBER 2018 PPC management will be hosting investor site visits at its De Hoek plant on Monday 24th September 2018 and at its Slurry Complex on Thursday 27th September 2018. PPC management will also be participating in the RMB Morgan Stanley Big Five Investor Conference in Cape Town on Tuesday 25 September 2017 and Wednesday 26 September 2017, and has, in preparation for these events, posted an investor presentations on PPC’s website: https://www.ppc.co.za/investors/presentations/financials.aspx. The investor presentation provides a brief operational update of PPC´s performance during the first five months of the financial year. Johan Claassen, CEO said: ”We are proud to be showcasing our company to investors, and the strides made towards achieving our FOH-FOUR strategic priorities. We have been able to maintain our market leading position in South Africa despite muted growth exacerbated by an increase in VAT impacting consumer spending and a deterioration in the domestic construction industry. The Rest of Africa portfolio continues to grow, in particular Zimbabwe where robust growth rates have been maintained.” Brief operational update – 5 months to August 2018 Effective selling prices in the Southern African (includes Botswana) cement business have risen by 3.0%. Sales volumes for the Southern Africa cement business have reduced by 3.0% - 4.0%. The reduction in sales volumes is attributable to the domestic construction industry being under severe pressure and muted growth across the operating portfolio, which has caused the South African cement industry volumes to decrease by an estimated 5.0% - 6.0% for the same period. PPC launched its new range of products called the “sure range” in August 2018. The fit for purpose cement product suite has been well received by the market, and has had a positive impact on volumes. In the Rest of Africa businesses, Zimbabwe has maintained its robust growth trajectory, with volume growth in excess of 35%. In Rwanda, market demand remains strong, with PPC tracking slightly lower than last year due to a planned maintenance shutdown earlier in the financial year to debottleneck and increase production output. DRC continues with its steady ramp-up, where we have delivered more than 130,000 tonnes. The DRC has produced positive EBITDA for the five months to August 2018. In Ethiopia, Habesha has delivered more than 300,000 tonnes for the period. Any financial information on which the presentation is based has not been reviewed or reported on by the Company´s auditors. Sandton 21 September 2018 Sponsor: Merrill Lynch South Africa (Pty) Ltd PPC: Anashrin Pillay Head Investor Relations Tel: +27 (0) 11 386 9000 Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 (0) 71 605 4294 Louise.Fortuin@instinctif.com Date: 21/09/2018 02:00:00 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.