Dealings in securities by directors, the company secretary and the JSE LTIS 2018 Trust JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE" or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS, THE COMPANY SECRETARY AND THE JSE LTIS 2018 TRUST The JSE LTIS 2018 Trust ("Trust") has acquired 175 820 JSE ordinary shares in the open market on behalf of executive directors, members of the executive committee and the Company Secretary ("LTIS 2018 participants") to fulfil share awards granted to these staff under the JSE’s Long-Term Incentive Scheme ("LTIS 2018"). These ordinary shares are held in trust and are restricted until all vesting criteria are fulfilled whereupon the shares vest. To the extent that the vesting criteria are not fulfilled the share awards are forfeited. The vesting of these restricted JSE ordinary shares is subject to – (i) the JSE achieving specified corporate performance targets over the measurement period; and (ii) a LTIS 2018 participant remaining in the employ of the JSE for the vesting term (collectively "the vesting criteria"). These JSE ordinary shares were acquired on-market, with clearance, at a volume-weighted average price of R153.75 per ordinary share. The total transaction value amounted to R27 032 325. The daily high, low and volume-weighted average for the various transactions were – Dates in 2018 that JSE Number of JSE Daily high Daily low ordinary ordinary Daily VWAP price paid price paid shares shares (cents per (cents per (cents per acquired acquired share) share) share) 14 September 51 983 15222 15375 15149 17 September 96 176 15391 15525 15200 18 September 19 901 15582 15628 15505 19 September 7 760 15663 15670 15599 The requisite approvals have been granted by shareholders at the Company’s annual general meeting, in respect of the acquisition of JSE ordinary shares in the open market and in respect of specific financial assistance to the Trust for the purpose of acquiring these shares. ACCEPTANCE OF ALLOCATIONS OF SECURITIES TO DIRECTORS, THE COMPANY SECRETARY AND PRESCRIBED OFFICERS Following the acquisition of the JSE ordinary shares by the Trust as disclosed above, members of the JSE’s executive committee, which includes the executive directors, and the Company Secretary, have on 18 September 2018 accepted grants of restricted ordinary shares in the Company, as reflected in this announcement. Total number of restricted Total Rand value JSE ordinary of restricted JSE shares ordinary shares awarded and awarded and Nature of Executive Role accepted accepted interest NF Newton-King CEO & Executive 52 040 8 001 150 Direct Director beneficial A Takoordeen CFO & Executive 16 680 2 564 550 Direct Director beneficial JH Burke Alternate 18 390 2 827 462 Direct Director beneficial A Greenwood Prescribed 17 750 2 729 062 Direct Officer beneficial D Khumalo Prescribed 13 170 2 024 887 Direct Officer beneficial DM Nemer Prescribed 20 240 3 111 900 Direct Officer beneficial M Randall Prescribed 13 900 2 137 125 Direct Officer beneficial ZA Jacobs Prescribed 15 920 2 447 700 Direct Officer beneficial GA Brookes Group Company 7 730 1 188 487 Direct Secretary beneficial The restricted shares will vest in two tranches, one-half on 31 August 2021 and the remaining half on 31 August 2022, subject to the vesting criteria as set out above being met. The individual allocations (grant and acceptance) were approved by the JSE’s Group Human Resources Committee and clearance to deal was granted by the Chairman of the Board. Sandton 20 September 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/09/2018 05:41:00 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.