Director dealings -Vesting of the 2015 allocation of the WBHO Share Plan 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 - VESTING OF THE 2015 ALLOCATION OF THE WBHO SHARE PLAN As was disclosed in the 2018 Integrated Report, the 2015 allocation of performance shares vested at the maximum target as the performance conditions were exceeded. These shares vested on 7 December 2018 and were transferred off-market to the affected executives. The interests in these transactions will be directly and beneficially held by the respective executives. The respective executive’s transactions are listed below: Name of director: EL Nel Company: Wilson Bayly Holmes-Ovcon Limited Deemed price: R 134.74 Shares delivered: 87 000 Value of transaction: R 11 722 380 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares delivered: 78 000 Deemed price: R 134.74 Value of transaction: R 10 509 720 Name of director: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Deemed price: R 134.74 Shares delivered: 78 000 Value of transaction: R 10 509 720 Name of director: RM Smith Company: Wilson Bayly Holmes-Ovcon Limited Deemed price: R 134.74 Shares delivered: 78 000 Value of transaction: R 10 509 720 Name of director: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Deemed price: R 134.74 Shares delivered: 48 000 Value of transaction: R 6 467 520 Name of director: S Vally-Kara Company: Wilson Bayly Holmes-Ovcon Limited Deemed price: R 134.74 Shares delivered: 21 000 Value of transaction: R 2 829 540 By order of the board Johannesburg 10 December 2018 Sponsor: Investec Bank Limited Date: 10/12/2018 02:20:00 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.