Dealing in Securities by a Director and Associates of Directors HULISANI LIMITED Incorporated in the Republic of South Africa (Registration number: 2015/363903/06) Share code: HUL ISIN: ZAE000212072 (“Hulisani” or “the Group”) DEALING IN SECURITIES BY A DIRECTOR AND ASSOCIATES OF DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: Name of Director: A Notshe Status: Non-executive Director Company: Hulisani Limited Type of Securities: Ordinary Shares Date of Transaction: 22 February 2019 Price Per Share: R8.89 Number of Securities Transacted: 500 000 Total Rand Value of Securities: R4,445,000.00 Nature of Transaction: Acquisition of shares by Director (Off-market Transaction) Nature and Extent of Director's Interest in the Transaction: Indirect beneficial – through Human Interest, in which A Notshe holds an indirect shareholding through the ultimate holding trust, Human Interest Trust Confirmation that Clearance has been given in terms of paragraph 3.66: Yes Name of Director: M Zilimbola Status: Non-executive Director Company: Hulisani Limited Type of Securities: Ordinary Shares Date of Transaction: 22 February 2019 Price Per Share: R8.89 Number of Securities Transacted: 840,000 Total Rand Value of Securities: R7,467,600.00 Nature of Transaction: Acquisition of shares by Director (Off-market Transaction) Nature and Extent of Director's Interest in the Transaction: Indirect beneficial – through Mazi Capital, in which M Zilimbola holds an indirect shareholding through the ultimate holding trust, Malungelo Zilimbola Trust. Confirmation that Clearance has been given in terms of paragraph 3.66: Yes Name of Director: M Raphulu Status: Chief Executive Director Company: Hulisani Limited Type of Securities: Ordinary Shares Date of Transaction: 22 February 2019 Price Per Share: R8.89 Number of Securities Transacted: 1 340 000 Total Rand Value of Securities: R11,912,600.00 Nature of Transaction: Disposal of shares by Director (Off-market Transaction) Nature and Extent of Director's Interest in the Transaction: Direct beneficial Confirmation that Clearance has been given in terms of paragraph 3.66: Yes Johannesburg 6 March 2019 Sponsor PSG Capital Date: 06/03/2019 04:59:00 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.