LIBERTY HOLDINGS LIMITED - Dealings in Securities on Behalf of an Employee Restricted Share Plan

Dealings in Securities on Behalf of an Employee Restricted Share Plan

Liberty Holdings Limited
Incorporated in the Republic of South Africa
Registration number 1968/002095/06
JSE Share code: LBH
ISIN: ZAE000127148
(“Liberty Holdings” or the “Company”)

DEALINGS IN SECURITIES ON BEHALF OF AN EMPLOYEE RESTRICTED SHARE PLAN

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the
following information is disclosed:

Name of the Plan:                      Liberty Holdings Group Restricted
                                       Share Plan which embodies the Deferred
                                       Plan and the Long Term Incentive Plan
                                       (collectively, the “Share Plan”)
Name of company:                       Liberty Holdings Limited

Nature of transaction:                 Purchase of Liberty Holdings ordinary
                                       shares to be used for future
                                       settlement of rights issued under the
                                       Plan

Date of Transaction:                   26 March 2018
Number of shares:                      1,048,000
Price per share:                       R130.40
Value of this transaction:             R136,659,200.00
Nature of trade:                       On market

The shares will be retained until required for settling the Share Plan
obligations.

Transaction value disclosed is before brokerage fees. Prior clearance to
deal was obtained in terms of paragraph 3.66 of the Listings Requirements.


Braamfontein
27 March 2018

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

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