Directors and Company Secretary Dealing in Securities: Acceptance of shares THE FOSCHINI GROUP LIMITED Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 (“TFG” and “Company) Directors and Company Secretary Dealing in Securities: Acceptance of shares 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 Date of Acceptance : 19 November 2020 No. of shares : 189 227 Class : Ordinary shares Value of transaction : R19 931 280 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 189 227 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : A E Thunstrom Position : Executive director – CEO Date of Acceptance : 19 November 2020 No. of securities : 350 000 Class : Ordinary shares Value of transaction : R36 865 500 based on the closing market price on 19 November 2020 of R105.33 Nature of Transaction: Acceptance of 350 000 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ Extent of interest : Direct Beneficial - Name : B Ntuli Position : Executive director – CFO Date of Acceptance : 19 November 2020 No. of shares : 97 093 Class : Ordinary shares Value of transaction : R10 226 806 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 97 093 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : D B Gedye Position : Director of Foschini Retail Group (Pty) Ltd Date of Acceptance : 19 November 2020 No. of shares : 66 806 Class : Ordinary shares Value of transaction : R7 036 676 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 66 806 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : G S Naidoo Position : Director of Foschini Retail Group (Pty) Ltd Date of Acceptance : 19 November 2019 No. of shares : 66 824 Class : Ordinary shares Value of transaction : R7 038 572 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 66 824 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : S A Baird Position : Director of Foschini Retail Group (Pty) Ltd Date of Acceptance : 19 November 2019 No. of shares : 66 838 Class : Ordinary shares Value of transaction : R7 040 047 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 66 838 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : J L Fisher Position : Director of Foschini Retail Group (Pty) Ltd Date of Acceptance : 19 November 2019 No. of shares : 63 086 Class : Ordinary shares Value of transaction : R6 644 848 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 63 086 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : S E Morley Position : Director of Foschini Retail Group (Pty) Ltd Date of Acceptance : 19 November 2020 No. of shares : 62 880 Class : Ordinary shares Value of transaction : R6 623 150 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 62 880 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : D van Rooyen Position : Company secretary Date of Acceptance : 19 November 2020 No. of shares : 6 931 Class : Ordinary shares Value of transaction : R730 042 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 6 931 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ and the requisite performance conditions are satisfied. Extent of interest : Direct Beneficial - Name : D van Rooyen Position : Company secretary Date of Acceptance : 19 November 2020 No. of shares : 4 505 Class : Ordinary shares Value of transaction : R474 512 based on the closing market price on 19 November 2020 of R105.33 Consideration : Nil Nature of Transaction: Acceptance of 4 505 TFG shares in terms of and subject to the rules of the Company’s Forfeitable Share Plan 2020 Vesting periods : The shares vest in June 2023 provided the recipient remains in the group’s employ Extent of interest : Direct Beneficial The abovementioned transactions are off-market transactions and the pre-requisite clearances were obtained for these transactions. Cape Town 23 November 2020 Sponsor: UBS South Africa Proprietary Limited Date: 23-11-2020 12:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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