Director and Company Secretary Dealings 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 Subsequent to the vesting of the Performance Shares issued on 7 December 2015, the following executives sold vested shares through on-market trades from 14 December 2018 to 20 December 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 of tax: 1 537 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 210 830.29 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 1 379 Additional shares sold: 2 259 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 499 024.46 Name of director: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 1 361 Additional shares sold: 5 102 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 886 529.71 Name of director: RM Smith Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 1 379 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 189 157.43 Name of director: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 848 Additional shares sold: 6 924 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 1 066 085.24 Name of company secretary: S Vally-Kara Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 371 Highest price per share R 140.00 Lowest price: R 135.00 Volume weighted average price per share: R 137.17 Value of transaction: R 50 890.07 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 21 December 2018 Sponsor: Investec Bank Limited Date: 21/12/2018 11:20:00 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.