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 : 5 February 2020 Number of securities : 2 496 248 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.3838 Value of transaction : R5 950 555.98 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 6 February 2020 Number of securities : 477 609 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.2881 Value of transaction : R1 092 817.15 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 7 February 2020 Number of securities : 850 355 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R2.2335 Value of transaction : R1 899 267.89 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 10 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: 10-02-2020 11:30:00 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.