Dealings in securities by a director and the JSE LTIS 2018 Trust JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE" or "the Company") DEALINGS IN SECURITIES BY A DIRECTOR AND THE JSE LTIS 2018 TRUST Dealings by the JSE LTIS 2018 Trust The JSE LTIS 2018 Trust ("Trust") has acquired 51 364 JSE ordinary shares in the open market on behalf of the JSE group chief executive officer (CEO) to fulfil a restraint share award granted in accordance with her terms of employment. These ordinary shares are held in trust and are restricted for the duration of the term of service. Unrestricted title to these shares is subject to the Company electing to enforce the restraint. These JSE ordinary shares were acquired on-market at a volume-weighted average price of R128.4932 per ordinary share. The total transaction value amounted to R6 599 924.72. The daily high, low and volume-weighted average for the various transactions were – Dates in 2019 that JSE Number of JSE Daily highest Daily lowest ordinary ordinary Daily VWAP price paid price paid shares shares (cents per (cents per (cents per acquired acquired share) share) share) 25 October 51 361 12849 12850 12837 28 October 3 12871 12871 12871 The requisite approvals have been granted by shareholders at the Company’s annual general meeting, in respect of the acquisition of JSE ordinary shares in the open market and in respect of specific financial assistance to the Trust for the purpose of acquiring these shares. Acceptance of allocation of securities to a director Following the acquisition of JSE ordinary shares by the Trust as disclosed above, the CEO has on 30 October 2019 accepted the grant of restricted ordinary shares in the Company, as reflected in this announcement. Total number Total Rand value of restricted of restricted JSE ordinary JSE ordinary Nature of Executive Role shares awarded shares awarded interest and accepted and accepted Group CEO & Executive Direct L Fourie Director 51 364 6 599 924.72 beneficial The allocation (grant and acceptance) was approved by the JSE’s Group Human Resources Committee and clearance to deal was granted by the Chairman of the Board. Sandton 31 October 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 31/10/2019 05:35:00 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.