Dealing in Securities by an Associate of a Director PPC Ltd (Incorporated in the Republic of South Africa) Company registration number: 1892/000667/06 JSE code: PPC JSE ISIN: ZAE 000170049 ZSE code: PPC JSE code: PPC003 JSE ISIN: ZAG000117524 (PPC or company or group) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 9 July 2019 Number of securities : 358 188 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R5.00 Value of transaction : R1 790 940 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 10 July 2019 Number of securities : 383 339 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R5.00 Value of transaction : R1 916 695 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered investment manager for various funds advised by VCP. Sandton 12 July 2019 Sponsor Merrill Lynch South Africa (Pty) Limited Investor contacts: PPC: Anashrin Pillay Tel: +27 (0)11 386 9000 Anashrin.Pillay@ppc.co.za Date: 12/07/2019 11:10:00 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.