Directors Dealings – Trading of WBHO Ordinary Shares WILSON BAYLY HOLMES - OVCON LIMITED Building and civil engineering contractors (Registration no. 1982/011014/06) ISIN No: ZAE 000009932 Share code: WBO (“WBHO” or “the Company”) DIRECTORS DEALINGS – TRADING OF WBHO ORDINARY SHARES The following executives sold vested shares through on-market trades on 26 March 2018. The nature of all the trades are direct beneficial. The respective executive’s transactions are listed below: Name of director: EL Nel Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 17 739 of tax: Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 2 721 771.05 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 16 805 of tax: Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 2 578 463.41 Name of director: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 16 805 of tax: Additional shares sold 19 793 Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 5 615 388.51 Name of director: RM Smith Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 16 805 of tax: Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 2 578 463.41 Name of director: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 9 336 of tax: Additional shares sold: 10 995 Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 3 119 472.75 Name of company secretary: S Vally Kara Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement 4 670 of tax: Highest price per share R 155.22 Lowest price: R 152.00 Volume weighted average price R 153.4343 per share: Value of transaction: R 716 538.18 All values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. By order of the board Johannesburg 27 March 2018 Sponsor: Investec Bank Limited Date: 27/03/2018 05:15:00 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.