Dealings in Securities by a Director Comair Limited (Incorporated in the Republic of South Africa) (Registration Number: 1967/006783/06) ISIN: ZAE00002983 Share Code: COM (“Comair” or “the Company”) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Piet Van Hoven COMPANY OF WHICH A DIRECTOR Comair Limited STATUS Independent Non - Executive Director TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director (on-market transaction) DATE OF TRANSACTION 19 December 2019 PRICE PER SECURITY (1) R2.85 (2) R2.86 NUMBER OF SECURITIES TRANSACTED (1) 66 755 (2) 28 545 TOTAL RAND VALUE OF SECURITIES (1) R190 251.75 TRANSACTED (2) R81 638.70 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION NAME OF DIRECTOR Piet Van Hoven COMPANY OF WHICH A DIRECTOR Comair Limited STATUS Independent Non - Executive Director TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director (on-market transaction) DATE OF TRANSACTION 20 December 2019 PRICE PER SECURITY (1) R2.99 (2) R3.00 NUMBER OF SECURITIES TRANSACTED (1) 12 177 (2) 7 151 TOTAL RAND VALUE OF SECURITIES (1) R36 409.23 TRANSACTED (2) R21 453 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION NAME OF DIRECTOR Piet Van Hoven COMPANY OF WHICH A DIRECTOR Comair Limited STATUS Independent Non - Executive Director TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director (on-market transaction) DATE OF TRANSACTION 23 December 2019 PRICE PER SECURITY (1) R2.83 (2) R2.85 (3) R2.86 (4) R2.88 (5) R2.90 NUMBER OF SECURITIES TRANSACTED (1) 26 604 (2) 43 666 (3) 3 000 (4) 3 400 (5) 3 134 TOTAL RAND VALUE OF SECURITIES (1) R75 289.32 TRANSACTED (2) R124 448.10 (3) R8 580 (4) R9 792 (5) R9 088.60 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION NAME OF DIRECTOR Piet Van Hoven COMPANY OF WHICH A DIRECTOR Comair Limited STATUS Independent Non - Executive Director TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director (on-market transaction) DATE OF TRANSACTION 24 December 2019 PRICE PER SECURITY (1) R2.82 (2) R2.85 NUMBER OF SECURITIES TRANSACTED (1) 8 715 (2) 1 500 TOTAL RAND VALUE OF SECURITIES (1) R24 576.30 TRANSACTED (2) R4 275 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Bonaero Park 8 January 2020 Sponsor PSG Capital IMPORTANT NOTICE TO FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS IN COMAIR LIMITED (“COMAIR”) SHOULD NOTE THAT, IN ORDER TO ENABLE COMAIR (AS A LICENSED AIR SERVICES OPERATOR IN SOUTH AFRICA) TO REMAIN COMPLIANT WITH THE FOREIGN OWNERSHIP RESTRICTION CONTAINED SECTIONS 16(4)(c) AND 19(a) OF THE AIR SERVICES LICENSING ACT, NO. 115 OF 1990, THE VOTING RIGHTS OF FOREIGN SHAREHOLDERS MAY BE DECREASED PROPORTIONATELY SUCH THAT THE VOTING RIGHTS OF FOREIGN SHAREHOLDERS DO NOT, IN AGGREGATE, EXCEED 24.99%. FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS ARE REFERRED TO THE COMAIR’S MEMORANDUM OF INCORPORATION AND WEBSITE (www.comair.co.za) FOR FURTHER DETAILS. IF FOREIGN SHAREHOLDERS OR PROSPECTIVE INVESTORS ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE THEY SHOULD SEEK ADVICE FROM THEIR BROKER, ATTORNEY OR OTHER PROFESSIONAL ADVISER. Date: 08-01-2020 03:16:00 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.