TRP121: Notification of changes in beneficial interests in shares SANDOWN CAPITAL LIMITED (Incorporated in South Africa) (Registration number 2000/013674/06) Share code: SDC ISIN: ZAE000249645 ("Sandown Capital") TRP121: NOTIFICATION OF CHANGES IN BENEFICIAL INTERESTS IN SHARES In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), regulation 121(2)(b) of the Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Sandown Capital has received notification from: - Peregrine Equities Proprietary Limited ("Peregrine Equities"), of a disposal by Peregrine Equities (on behalf of its clients) of Sandown Capital shares such that Peregrine Equities' (on behalf of its clients) total beneficial interest is now 4.02% of Sandown Capital's total issued ordinary shares; and - Hampden Capital Proprietary Limited ("Hampden Capital"), of an acquisition by Hampden Capital of Sandown Capital shares such that Hampden Capital's total beneficial interest is now 11.06% of Sandown Capital's total issued ordinary shares. As required in terms of section 122(3)(a) of the Companies Act, Sandown Capital has filed the required notices with the Takeover Regulation Panel. 10 August 2018 Sponsor Java Capital Date: 10/08/2018 11:50:00 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.