Directors Dealings – Trading Of WBHO Ordinary Shares WILSON BAYLY HOLMES - OVCON LIMITED Building and civil engineering contractors (Registration no. 1982/011014/06) ISIN No: ZAE 000009932 Share code: WBO (“WBHO” or “the Company”) DIRECTORS DEALINGS – TRADING OF WBHO ORDINARY SHARES Subsequent to the vesting of the Performance Shares issued on 7 December 2015, the following executives sold vested shares through on-market trades between 11 December 2018 and 13 December 2018. The nature of all the trades are direct beneficial. The respective executive’s transactions are listed below: Name of director: EL Nel Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 37 437 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 5 103 786.21 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 33 563 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 4 575 643.79 Name of director: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 33 125 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 4 515 931.25 Name of director: RM Smith Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 33 563 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 4 575 643.79 Name of director: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 20 655 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 2 815 896.15 Name of company secretary: S Vally-Kara Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 9 037 of tax: Highest price per share R 137.77 Lowest price: R 135.00 Volume weighted average price R 136.33 per share: Value of transaction: R 1 232 014.21 All values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. By order of the board Johannesburg 14 December 2018 Sponsor: Investec Bank Limited Date: 14/12/2018 11:35:00 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.