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 / ZSE code: PPC JSE ISIN: ZAE 000170049 JSE code: PPC003 JSE ISIN: ZAG000117524 (“PPC” or “Company”) 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 : 20 August 2019 Number of securities : 371 112 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.2916 Value of transaction : R1 592 664.26 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 21 August 2019 Number of securities : 1 043 969 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.2008 Value of transaction : R4 385 504.98 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 22 August 2019 Number of securities : 2 152 711 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.2392 Value of transaction : R9 125 772.47 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 Legae Peresec Fund Platform Proprietary Limited, the registered investment manager for various funds advised by VCP. Sandton 23 August 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: 23/08/2019 11:00:00 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.