Dealings In Shares By A Director Of A Major Subsidiary STADIO HOLDINGS LIMITED (Previously Embury Holdings Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number: 2016/371398/06 Share code: SDO ISIN: ZAE000248662 (“STADIO” or “the Company) DEALINGS IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealings in securities is disclosed: NAME OF DIRECTOR J van der Westhuizen COMPANY OF WHICH A DIRECTOR Milpark Education 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 by a director of a major subsidiary (on-market transaction) (1)-(2) DATE OF TRANSACTIONS 5 November 2018 (1) 6 November 2018 (2) PRICE PER SECURITIES 400 cents (1) 400 cents (2) NUMBER OF SECURITIES TRANSACTED 25 000 (1) 10 000 (2) TOTAL RAND VALUE OF SECURITIES R100 000.00 (1) TRANSACTED R40 000.00 (2) NATURE AND EXTENT OF INTEREST IN Direct, beneficial (1)-(2) THE TRANSACTIONS Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Durbanville 9 November 2018 Sponsor PSG Capital Date: 09/11/2018 09:30:00 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.