Disposal of shares by JSE Long-Term Incentive Scheme Trusts JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE") DISPOSAL OF SHARES BY JSE LONG-TERM INCENTIVE SCHEME TRUSTS The JSE Long-Term Incentive Scheme Trusts (LTIS 2010 and LTIS 2018) have sold a total of 286 669 JSE ordinary shares in the open market as detailed in this announcement. These ordinary shares represent shares forfeited by participants in the JSE’s Long-Term Incentive Schemes. These JSE ordinary shares, in which the Trusts have a direct non-beneficial interest, were sold, with clearance, at a volume-weighted average price of R129.0145 per ordinary share equating to a total transaction value of R36 984 457.70. The daily VWAP, high and low prices for the various transactions were – Date of Number of Daily Daily Daily Transactions ordinary VWAP highest lowest in 2019 shares (cents per price price sold share) received received (cents (cents (LTIS 2010 per per & LTIS share) share) 2018) 24 October 162 336 12949 13110 12900 25 October 107 933 12844 12850 12750 28 October 16 400 12794 12851 12750 Sandton 30 October 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30/10/2019 07:30:00 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.