Notification of share dealing by an associate of a director Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 ("the Company") Notification of share dealing by an associate of a directorIn terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information, relating to dealings in the Company’s securities by an associate of a director, is disclosed: Name of director: Pieter Fourie (non-executive) Name of associate: The Pieter Fourie Business Trust Relationship to associate: Trustee and beneficiary Interest: Indirect beneficial Nature of the transaction: On market sale Date of the transaction: 27 November 2018 Class of shares: Ordinary shares Number of shares: 200 000 Price per share: R2.00 Value: R400 000 Clearance to deal: Obtained The number of shares sold constitutes less than 4% of Pieter Fourie’s interest in the Company. Centurion 29 November 2018 _______________________________________________________________________ Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0210 Sponsor to Sephaku Holdings: Questco Corporate Advisory (Pty) Ltd About Sephaku Holdings Limited Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd (Sephaku Cement) and 100% in Métier Mixed Concrete (Pty) Ltd. The strategy of SepHold is to generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. www.sephakuholdings.com Date: 29/11/2018 04:30:00 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.