Directors and Associate of Director Dealing in Securities THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG ISIN : ZAE000148466 ("TFG") Directors and Associate of Director 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: AD Murray Position: Executive Director - CEO Extent of interest: Direct beneficial Date of transaction: 22 March 2018 Nature of transaction: Conversion of share appreciation rights (granted on 13 June 2013) into shares and sale thereof on the open market. Class: Ordinary shares Consideration: Nil No. of shares converted: 77 517 No. of shares retained: Nil No. of shares sold: 77 517 Highest price of shares sold: R238.55 Lowest price of shares sold: R227.95 VWAP of shares sold: R233.55 Total value of shares sold: R18 104 095.35 The above transaction was done on-market and the pre-requisite clearance was obtained for this transaction. Name: R Stein Position: Non-executive Director Extent of interest: Direct beneficial Date of transaction: 22 March 2018 Nature of transaction: Off-market donation of shares to Rose Stein, the Director’s spouse Class: Ordinary shares No. of shares donated: 200 000 Price of shares donated: R0.00 Deemed value of transaction: R47 044 000* *based on the closing share price on 20 March 2018 of R235.22 per share The above transaction was done off-market and the pre-requisite clearance was obtained for this transaction. Name: R Stein Position: Non-executive Director Name of associate: Rose Stein Relationship with director: Director’s spouse Extent of interest: Indirect beneficial Date of transaction: 22 March 2018 Nature of transaction: Sale of ordinary shares Class: Ordinary shares No. of shares sold: 160 430 Highest price of shares sold: R240.21 Lowest price of shares sold: R238.50 VWAP of shares sold: R238.7528 Total value of shares sold: R38 303 111.70 - Name: R Stein Position: Non-executive Director Name of associate: Rose Stein Relationship with director: Director’s spouse Extent of interest: Indirect beneficial Date of transaction: 27 March 2018 Nature of transaction: Sale of ordinary shares Class: Ordinary shares No. of shares sold: 1 118 Highest price of shares sold: R233.00 Lowest price of shares sold: R230.00 VWAP of shares sold: R231.5295 Total value of shares sold: R258 849.98 The above transactions were done on-market. Cape Town 27 March 2018 Sponsor: UBS South Africa Proprietary Limited Date: 27/03/2018 05:00:00 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.