Dealing in Securities by an Associate of a Director PPC Ltd (Incorporated in the Republic of South Africa) Company registration number: 1892/000667/06 JSE / ZSE code: PPC JSE ISIN: ZAE 000170049 JSE code: PPC003 JSE ISIN: ZAG000117524 (“PPC” or “Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 31 January 2020 Number of securities : 341 346 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.2777 Value of transaction : R777 483.78 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 3 February 2020 Number of securities : 385 168 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.3941 Value of transaction : R922 130.71 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 4 February 2020 Number of securities : 777 238 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.3954 Value of transaction : R1 861 795.91 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the advisor to Legae Peresec Fund Platform Proprietary Limited, the registered investment manager for various funds advised by VCP. Sandton 5 February 2020 Sponsor Merrill Lynch South Africa (Pty) Limited Investor contacts: PPC: Anashrin Pillay Tel: +27 (0)11 386 9000 Anashrin.Pillay@ppc.co.za Date: 05-02-2020 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.