Directors and Associates of Directors Dealing in Securities THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 (“TFG”) Directors and Associates of Directors Dealing in Securities In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed: Name: DB Gedye Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 18 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 10 June 2014) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 10 897 No. of shares retained: Nil No. of shares sold: 10 897 Highest price of shares sold: R171.00 Lowest price of shares sold: R165.12 VWAP of shares sold: R168.907 Total value of shares sold: R1 840 579.58 - Name: DB Gedye Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 18 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 19 July 2012) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 3 730 No. of shares retained: Nil No. of shares sold: 3 730 Highest price of shares sold: R171.00 Lowest price of shares sold: R165.12 VWAP of shares sold: R168.907 Total value of shares sold: R630 023.11 - Name: AD Murray Position: Executive Director - CEO Extent of interest: Direct beneficial Date of transaction: 19 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 19 July 2012) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 12 275 No. of shares retained: Nil No. of shares sold: 12 275 Price of shares sold: R186.50 Total value of shares sold: R2 289 287.50 - Name: M Mendelsohn Position: Director of Foschini Retail Group (Pty) Ltd Name of Associate: The Martin Mendelsohn Investment Trust Relationship with director: The director is a trustee and discretionary beneficiary of the associate Extent of interest: Indirect beneficial Date of transaction: 19 December 2017 Nature of transaction: Sale of ordinary shares Class: Ordinary shares No. of shares sold: 11 463 Highest price of shares sold: R192.71 Lowest Price of shares sold: R192.70 VWAP of shares sold: R192.700995 Total value of shares sold: R2 208 931.50 - Name: M Mendelsohn Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 19 December 2017 Nature of transaction: Sale of ordinary shares Class: Ordinary shares No. of shares sold: 20 000 Highest price of shares sold: R191.62 Lowest price of shares sold: R191.50 VWAP of shares sold: R191.5349315 Total value of shares sold: R3 830 698.63 - Name: M Mendelsohn Position: Director of Foschini Retail Group (Pty) Ltd Name of Associate: RMB Bank Note, an unlisted Financial Instrument underwritten by RMB, a division of FirstRand Bank Limited Relationship to director: The director has economic exposure to TFG shares through the RMB Bank Note. Extent of interest: Indirect beneficial Date of transaction: 19 December 2017 Nature of transaction: Sale of ordinary shares Class: Ordinary shares No. of shares sold: 10 000 Price of shares sold: R194.00 Total value of shares sold: R1 940 000.00 - Name: GS Naidoo Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 20 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 19 July 2012) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 6 587 No. of shares retained: Nil No. of shares sold: 6 587 Highest price of shares sold: R196.00 Lowest price of shares sold: R183.51 VWAP of shares sold: R189.7201 Total value of shares sold: R1 249 686.30 - Name: GS Naidoo Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 20 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 10 June 2014) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 14 314 No. of shares retained: Nil No. of shares sold: 14 314 Highest price of shares sold: R196.00 Lowest price of shares sold: R183.51 VWAP of shares sold: R189.7200999 Total value of shares sold: R2 715 653.51 - Name: M Mendelsohn Position: Director of Foschini Retail Group (Pty) Ltd Extent of interest: Direct beneficial Date of transaction: 20 December 2017 Nature of transaction: Conversion of share appreciation rights (granted on 19 July 2012) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 6 587 No. of shares retained: Nil No. of shares sold: 6 587 Highest price of shares sold: R191.50 Lowest price of shares sold: R190.05 VWAP of shares sold: R190.6618 Total value of shares sold: R1 255 889.28 The abovementioned transactions were done on-market and the pre-requisite clearances were obtained for these transactions. Cape Town 21 December 2017 Sponsor: UBS South Africa Proprietary Limited Date: 21/12/2017 03:00:00 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.