DIVIDEND WITHHOLDING TAX RATE CHANGE 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”) DIVIDEND WITHHOLDING TAX RATE CHANGE Shareholders are advised that following the announcement by the South African Minister of Finance yesterday, February 22 2017, the dividend withholding tax rate is 20,0%, effective February 22 2017. Further to the announcement released on the Stock Exchange News Service of the JSE Limited this morning relating to the unaudited results of Bidcorp for the half-year ended December 31 2016, shareholders are requested to refer to the updated dividend declaration paragraph included below: Dividend declaration In line with the Group dividend policy, the directors have declared an interim cash dividend of 250,0 cents (200,0 cents net of dividend withholding tax, where applicable) per ordinary share for the six months ended December 31 2016 to those members registered on the record date, being Friday, March 24 2017. The dividend has been declared from income reserves. A dividend withholding tax of 20% (effective February 22 2017) will be applicable to all shareholders who are not exempt. Share code: BID ISIN: ZAE000216537 Company registration number: 1995/008615/06 Company tax reference number: 9040946841 Gross cash dividend amount per share: 250,0 cents Net dividend amount per share: 200,0 cents Issued shares at declaration date (’000): 335 404 Declaration date Thursday, February 23 2017 Last day to trade cum dividend Monday, March 20 2017 First day to trade ex dividend: Wednesday, March 22 2017 Record date: Friday, March 24 2017 Payment date: Monday, March 27 2017 Share certificates may not be dematerialised or rematerialised between Wednesday, March 22 2017 and Friday, March 24 2017, both days inclusive. For and on behalf of the board AK Biggs Company secretary Date: February 23 2017 Johannesburg Sponsor: The Standard Bank of South Africa Limited Date: 23/02/2017 05:30:00 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.