Dealings in securities by Group Company Secretary Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/025226/06) ISIN: ZAE000191516 Share Code: AFH (“the Company” or “the Group”) DEALINGS IN SECURITIES BY GROUP COMPANY SECRETARY In accordance with paragraph 3.63 of the JSE Limited Listings Requirements (“Listings Requirements”), shareholders are advised that the Group Company Secretary of the Company sold vested shares in accordance with the Company’s long-term incentive Retention Share Plan, after having received clearance to do so in terms of paragraph 3.66 of the Listings Requirements. Group Company Secretary : CH Wessels Company : Alexander Forbes Group Holdings Limited Date of transaction : 05 July 2019 Nature of transaction : On market sale of shares Class of securities : Ordinary shares Nature of interest : Direct beneficial Number of shares sold : 17 162 Sale price : R5.9363 Total value of transaction : R101 878.78 Carina Wessels Executive: Governance, Legal & Compliance 08 July 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/07/2019 03:12:00 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.