Dealings In Shares By An Associate Of A Director STADIO HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2016/371398/06) Share code: SDO ISIN: ZAE000248662 (“STADIO” or “the Company”) DEALINGS IN SHARES BY AN ASSOCIATE OF A DIRECTOR Dr Chris van der Merwe, a non-executive director of Curro Holdings Limited (“Curro”) and an executive director of STADIO, sold a portion of his STADIO and Curro portfolios, through his associates, the Chris van der Merwe Familie Trust and the Chris van der Merwe Trust, respectively, in order to, inter alia, reduce his debt levels at his age. He still holds, through his associates, an interest in a substantial number of shares in both companies (3 011 677 Curro shares and 4 734 626 STADIO shares). In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealings in securities is disclosed: NAME OF DIRECTOR CR van der Merwe COMPANY OF WHICH A DIRECTOR Stadio Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTIONS Sale of shares by an (1) – (2) associate of a director (on-market transaction) DATE OF TRANSACTIONS 6 May 2019 (1) 7 May 2019 (2) PRICE PER SECURITY Low: 345 cents (1) High: 354 cents Average: 349 cents Low: 350 cents (2) High: 356 cents Average: 350 cents NUMBER OF SECURITIES TRANSACTED 478 946 (1) 521 054 (2) TOTAL RAND VALUE OF SECURITIES R1 671 259.21 (1) TRANSACTED R1 824 082.92 (2) NAME OF ASSOCIATE Chris van der Merwe (1) – (2) Familie Trust RELATIONSHIP WITH DIRECTOR Director is a trustee and (1) – (2) beneficiary of the associate NATURE AND EXTENT OF INTEREST IN Indirect, beneficial (1) – (2) THE TRANSACTIONS Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Durbanville 10 May 2019 Sponsor PSG Capital Date: 10/05/2019 05:00:00 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.