Dealings in Sabvest shares by a director SABVEST LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/003753/06) Share code: SBV – ordinary shares / SVN – ‘N’ ordinary shares ISIN: ZAE000006417 – ordinary shares / ISIN: ZAE000012043 – ‘N’ ordinary shares ("Sabvest” or “the Company”) DEALINGS IN SABVEST SHARES BY A DIRECTOR In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are advised of following dealing in Sabvest shares: Director : Leon Rood Type and class of : “N” ordinary shares securities Nature of transaction : On-market purchase of securities Director’s interest in : Direct, beneficial transaction Date of transaction : 9 January 2019 Purchase price per : 3950 cents security Number of securities : 17 224 purchased Transaction value : R680 348.00 Clearance to deal : Mr Rood was appointed a director of the Company on 1 January 2019 and he had been purchasing shares in the Company prior to the effective date of his appointment for which no permission or notifications were required. However, in the holiday period he omitted to stop the buying orders when the closed period started on 1 January 2019 and he became a director of the Company. The purchase advised above is accordingly irregular and the JSE has been approached to condone this inadvertent breach. The CEO of Sabvest has confirmed that Mr Rood, as a new director and just starting an induction program, is not in possession of any unpublished price sensitive information. Sandton 10 January 2019 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 10/01/2019 03:51:00 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.