Dealing in Securities by Share Incentive Schemes, Directors and the Company Secretary THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 (“TFG” and “Company”) Dealing in Securities by Share Incentive Schemes, Directors and the Company Secretary 1. Share Incentive Schemes In compliance with the requirements of paragraph 3.92 of the JSE Listings Requirements, TFG announces the sale of shares to fulfil obligations to participants of the Company’s Share Incentive Schemes as follows: - Name of scheme: 2010 Share Incentive Scheme Date of transaction: 26 June 2020 Nature of transaction: On-market sale of shares in terms of the Company’s Share Incentive Schemes Class: Ordinary shares Extent of interest: Indirect non-beneficial (sold on behalf of participants) No. of shares sold: 507 923 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R35 417 318.41 2. Directors and the Company Secretary In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted: - Name: A E Thunström Position: Executive director – CEO Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 21 700 No. of shares sold: 8 330 No. of shares retained: 9 898 No. of shares lapsed: 3 472 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R580 848.40 - Name: D B Gedye Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 17 000 No. of shares sold: 6 525 No. of shares retained: 7 755 No. of shares lapsed: 2 720 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R454 986.29 - Name: G S Naidoo Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 17 000 No. of shares sold: 6 525 No. of shares retained: 7 755 No. of shares lapsed: 2 720 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R454 986.29 - Name: B J Curry Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 17 000 No. of shares sold: 6 525 No. of shares retained: 7 755 No. of shares lapsed: 2 720 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R454 986.29 - Name: S A Baird Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 14 900 No. of shares sold: 5 719 No. of shares retained: 6 797 No. of shares lapsed: 2 384 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R398 784.15 - Name: J L Fisher Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 14 900 No. of shares sold: 5 719 No. of shares retained: 6 797 No. of shares lapsed: 2 384 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R398 784.15 - Name: S E Morley Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 10 400 No. of shares sold: 8 736 No. of shares retained: Nil No. of shares lapsed: 1 664 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R609 158.66 - Name: D van Rooyen Position: Company Secretary Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with performance based restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 4 400 No. of shares sold: 3 520 No. of shares retained: Nil No. of shares lapsed: 880 Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R245 448.54 - Name: D van Rooyen Position: Company Secretary Extent of interest: Direct beneficial Date of transaction: 26 June 2020 Nature of transaction: Sale of TFG shares previously granted (with time restricted conditions) on 2 June 2017 in terms of and subject to the rules of the Company’s 2010 Share Incentive Scheme Class: Ordinary shares Consideration: Nil No. of shares granted: 1 500 No. of shares sold: 1 500 No. of shares retained: Nil Highest price of shares sold: R72.30 Lowest price of shares sold: R67.75 VWAP of shares sold: R69.7297 Total value of shares sold: R104,594.55 All the above transactions were done on-market and the pre-requisite clearances were obtained for these transactions. Cape Town 2 July 2020 Sponsor: UBS South Africa Proprietary Limited Date: 02-07-2020 11:15:00 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.