Directors dealing in securities Value Group Limited (Incorporated in the Republic of South Africa) Registration number: 1997/002203/06 Share code: VLE ISIN: ZAE000016507 DIRECTORS DEALING IN SECURITIES In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following information is disclosed: Company Director : Dr. N.M. Phosa Status : Non-executive director Date of transaction : 13 December 2019 Number of shares : 7000 Price per share : R5.00c Total value of transaction : R35,000.00 Class of shares : Ordinary shares Nature of transaction : Sale of shares by director (on market transaction) Nature of interest : Direct beneficial Clearance : Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained. 25 June 2020 Sponsor: Investec Bank Limited Date: 25-06-2020 10:24:00 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.