General Repurchase Of Ordinary Shares Trellidor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1970/015401/06) Share Code: TRL ISIN Code: ZAE000209342 (“the Company” or “the Group”) GENERAL REPURCHASE OF ORDINARY SHARES At the annual general meeting of the Company held on 15 November 2018 (“AGM”), shareholders, by special resolution, granted a general authority to the board of directors of the Company (“Board”) to repurchase up to 20% of the issued ordinary share capital of the Company, on the terms and subject to the conditions specified in the general authority obtained. Shareholders are hereby advised that, during open periods commencing on 12 September 2018 to 27 May 2019, the Company has repurchased an aggregate of 1 649 214 ordinary shares, representing 1.53% of the issued ordinary share capital of the Company. The aforementioned ordinary shares were repurchased for an aggregate value of R 7 114 332, funded out of the Company’s available cash resources, as follows: Aggregate number Highest price per Lowest price per Aggregate value of of ordinary shares ordinary share ordinary share shares repurchased repurchased repurchased repurchased 1 649 214 R4.90 R3.75 R 7 114 332 Given the Group’s strong cash generating business model and gearing headroom, the Board is of the opinion that it is in the best interest of shareholders of the Company to continue with the repurchase program, in line with the abovementioned shareholders’ approval, due to the fact that the price at which the shares of the Group are trading currently, represents a significant discount to the intrinsic value of the Company. Durban 5 June 2019 Sponsor and Corporate Adviser PSG Capital Date: 05/06/2019 10:45:00 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.