Dealings In Shares By Associates Of A Director KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 ("KAP" or "the Company") DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR The information below regarding dealings in securities is disclosed in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements. The dealings below occurred between the associates of the director, Mr GN Chaplin, who continues to control the same number of shares in the Company. NAME OF DIRECTOR GN Chaplin COMPANY OF WHICH A DIRECTOR KAP Industrial Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTIONS Sale of shares by an (1) associate of a director (Off-market transaction) Purchase of shares by an (2) associate of a director (Off-market transaction) DATE OF TRANSACTIONS 16 September 2019 (1) - (2) NUMBER OF SECURITIES TRANSACTED 1 000 000 (1) - (2) CENTS PER SHARE 554 (1) - (2) TOTAL RAND VALUE OF SECURITIES R5 540 000 (1) - (2) TRANSACTED NAME OF ASSOCIATES BSL Plus One Trust (1) Straalhoek Sawmill (Pty) Ltd (2) RELATIONSHIP WITH DIRECTOR Trustee and beneficiary (1) Director (2) NATURE AND EXTENT OF INTEREST IN Indirect, beneficial (1) TRANSACTION Indirect, beneficial (2) Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE Limited Listings Requirements. Stellenbosch 18 September 2019 Sponsor PSG Capital Date: 18/09/2019 03:00:00 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.