Appointment of a director to the board and dealings in securities by a director Mr Price Group Limited (Registration number 1933/004418/06) Incorporated in the Republic of South Africa ISIN: ZAE000200457 JSE share code: MRP (“Mr Price” or “the Company”) APPOINTMENT OF A DIRECTOR TO THE BOARD AND DEALINGS IN SECURITIES BY A DIRECTOR Appointment of a director to the board Mr Price Group is pleased to announce the appointment of Brenda Niehaus as an independent non-executive director to the board of directors (“Board”), with immediate effect. Her appointment comes as the Board continues to refresh its membership and seeks to boost its information and technology (“IT”) skills. Brenda has 34 years of IT experience within the financial industry, both locally and internationally, and has successfully delivered a diverse portfolio of large strategic programmes including several core banking transformation programmes. After completing the Advanced Management Program from Harvard University in Boston, USA, she joined the Standard Bank Group (“Standard Bank”). During her career at Standard Bank, her responsibility for IT expanded over 16 countries across the continent. In 2013, Brenda was appointed as the Group Chief Technology Officer for Group Technology Shared Services and in 2014, she was appointed as Group Chief Information Officer, a position she held until September 2017. Brenda is a non-executive Director on the Standard Bank Mauritius Board. In compliance with the Companies Act (71 of 2008) and the Group’s Memorandum of Incorporation, Brenda’s appointment will be put to shareholders for confirmation at the 2018 AGM. The Board welcomes Brenda to the Group. Dealings in securities by a director In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director: Stewart Cohen Company: Mr Price Group Limited Date of transaction: 7 February 2018 Nature of transaction: On-market disposal of securities by a director (following the conversion of B-ordinary shares on Friday 2 February 2018) Number of securities: 250,000 Class of securities: Ordinary shares Volume weighted average selling price: R267.8347 per ordinary share Total value of transaction: R66,958,675.00 Highest price: R269.4600 Lowest price: R265.5000 Nature of interest: Direct beneficial Clearance obtained: Yes Durban 8 February 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/02/2018 03:00:00 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.