Dealings in securities by an Associate of a Director METTLE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/002061/06) JSE share code: MLE ISIN: ZAE000257622 ("Mettle” or "the Company") DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraph 3.63 of the JSE Listings Requirements, the following information is disclosed in respect of trading in the Company’s shares by an associate of a director of the Company: Transaction 1: Name of director: Marco van Zyl Wentzel Type of director: Independent non-executive director Name of associate: Metcap 14 Proprietary Limited Relationship: Marco van Zyl Wentzel and immediate family are beneficiaries of a trust which wholly-owns Metcap 14 Proprietary Limited Nature of transaction: On-market sale of Mettle ordinary shares Nature of interest: Indirect beneficial Number and class of securities purchased: 4 250 000 ordinary shares Date of transaction: 30 August 2018 Price: R1.05 per share Total value: R4 462 500.00 Clearance to deal obtained: Yes Transaction 2: Name of director: Marco van Zyl Wentzel Type of director: Independent non-executive director Name of associate: Metcap 14 Proprietary Limited Relationship: Marco van Zyl Wentzel and immediate family are beneficiaries of a trust which wholly-owns Metcap 14 Proprietary Limited Nature of transaction: On-market purchase of Mettle ordinary shares Nature of interest: Indirect beneficial Number and class of securities purchased: 10 000 ordinary shares Date of transaction: 30 August 2018 Price: R1.10 per share Total value: R11 000.00 Clearance to deal obtained: Yes 31 August 2018 Cape Town Designated Advisor Questco Corporate Advisory Proprietary Limited Date: 31/08/2018 03:16:00 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.