Dealing In PSG Shares By Associates Of Directors PSG Group Limited Incorporated in the Republic of South Africa Registration number: 1970/008484/06 JSE Limited (“JSE”) share code: PSG ISIN code: ZAE000013017 LEI code: 378900CD0BEE79F35A34 (“PSG”) DEALING IN PSG SHARES BY ASSOCIATES OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTOR PJ Mouton COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTIONS 19 November 2019 (1)-(5) CENTS PER SHARE Low: 23 604 (1)-(3) High: 23 621 (1)-(3) VWAP: 23 614 (1)-(3) 23 658 (4)-(5) NUMBER OF SECURITIES TRANSACTED 810 (1) 810 (2) 810 (3) 210 (4) 160 (5) TOTAL RAND VALUE OF SECURITIES R191 276.40 (1) R191 276.40 (2) R191 276.40 (3) R49 681.80 (4) R37 852.80 (5) NAMES OF ASSOCIATES Juan Mouton Trust (1) Die Francois Fouche Mouton (2) Trust Pieter Mouton Trust (3) S Mouton (4) Stephanie Mouton Trust (5) RELATIONSHIP WITH DIRECTOR The director is a trustee (1)-(3) of the associates Spouse (4) The director is a trustee (5) and discretionary beneficiary of the associate NATURE OF TRANSACTIONS Acquisition of shares by (1)-(5) associates of the director (On-market transactions) NATURE AND EXTENT OF INTEREST Indirect, non-beneficial (1)-(4) IN THE TRANSACTIONS Indirect, beneficial (5) 2. NAME OF DIRECTOR JJ Mouton COMPANY OF WHICH I AM A PSG Group Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Non-executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTIONS 19 November 2019 (1)-(3) CENTS PER SHARE 23 700 (1) Low: 23 700 (2)-(3) High: 23 702 (2)-(3) VWAP: 23 701 (2)-(3) NUMBER OF SECURITIES TRANSACTED 900 (1) 900 (2) 900 (3) TOTAL RAND VALUE OF SECURITIES R213 300.00 (1) R213 308.00 (2) R213 304.86 (3) NAMES OF ASSOCIATES Amelie Mouton Trust (1) Catharina Mouton Trust (2) Johannes Mouton Trust (3) RELATIONSHIP WITH DIRECTOR The director is a trustee (1)-(3) of the associates NATURE OF TRANSACTIONS Acquisition of shares by (1)-(3) associates of the director (On-market transactions) NATURE AND EXTENT OF INTEREST Indirect, non-beneficial IN THE TRANSACTIONS Clearance to deal in these shares was obtained in accordance with paragraph 3.66 of the JSE Listings Requirements. 21 November 2019 Stellenbosch Sponsor PSG Capital Date: 21/11/2019 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.