Disclosure of Significant Holdings of Bidcorp Ordinary Shares Bid Corporation Limited (Incorporated in the Republic of South Africa) Registration number: 1995/008615/06 Share Code: BID ISIN ZAE 000216537 (“Bidcorp” or “the company”) DISCLOSURE OF SIGNIFICANT HOLDING OF BIDCORP ORDINARY SHARES In compliance with Section 122(3) (b) of the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of the JSE Limited (“JSE”), shareholders are advised that: - on February 25th 2020, Bidcorp received notification in terms of section 122(1) of the Companies Act that J P Morgan Chase & Co (“JP Morgan”) has disposed of a beneficial interest in the securities of the company, such that their entire beneficial interest amounts to 9,88% of the total number of securities in issue (previously held 10,32% of the total number of securities in issue); - on February 26th 2020 Bidcorp received notification in terms of section 122(1) of the Companies Act that GIC Private Limited (“GIC”) has acquired a beneficial interest in the securities of the company, such that their entire beneficial interest amounts to 5,04% of the total number of securities in issue. As required in terms of section 122(3) (a) of the Companies Act, Bidcorp has filed the required notices with the Takeover Regulation Panel (“TRP”). Date: February 26th 2020 Johannesburg Sponsor: The Standard Bank of South Africa Limited Date: 26-02-2020 05:25:00 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.