Notification of delaings by 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 A DIRECTOR Company: Rolfes Holdings Limited Director: Michael Solomon Teke Designation: Non-executive chairman Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Directors interest in transaction: Directly beneficial Date of trades: 27 September 2018 Volume weighted average price: 301.50 cents Lowest price: 300,00 cents Highest price: 310,00 cents Number of shares: 63 144 (sixty-three thousand 0ne hundred and forty- four) Transaction value: R 190 381.40 Permission to deal obtained: Yes Company: Rolfes Holdings Limited Director: Michael Solomon Teke Designation: Non-executive chairman Type and Class of securities: Ordinary Shares Nature of transaction: On market purchase Directors interest in transaction: Directly beneficial Date of trades: 26 September 2018 Volume weighted average price: 299,99 cents Lowest price: 290,00 cents Highest price: 300,00 cents Number of shares: 16 856 (sixteen thousand eight hundred and fifty- six) Transaction value: R 50 533.00 Permission to deal obtained: Yes Johannesburg 28 September 2018 Sponsor: Grindrod Bank Limited Date: 28/09/2018 11:45:00 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.