Dealings in securities by Directors, the Company Secretary and the JSE LTIS 2018 Trust JSE Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/022939/06) ISIN: ZAE000079711 Share Code: JSE ("JSE" or "the Company") DEALINGS IN SECURITIES BY DIRECTORS, THE COMPANY SECRETARY AND THE JSE LTIS 2018 TRUST The JSE LTIS 2018 Trust ("Trust") has acquired 359 595 JSE ordinary shares in the open market on behalf of executive directors, members of the executive committee, the Company Secretary and senior members of staff ("LTIS 2018 participants") to fulfil share awards granted to these staff under the JSE’s Long-Term Incentive Scheme ("LTIS 2018"). These ordinary shares are held in trust and are restricted until all vesting criteria are fulfilled whereupon the shares vest. To the extent that the vesting criteria are not fulfilled the share awards are forfeited. The vesting of these restricted JSE ordinary shares is subject to – (i) the JSE achieving specified corporate performance targets over the measurement period; and (ii) a LTIS 2018 participant remaining in the employ of the JSE for the vesting term (collectively "the vesting criteria"). These JSE ordinary shares were acquired on-market, with prior clearance, at a volume-weighted average price of R159.80 per ordinary share. The total transaction value amounted to R57 464 539. The daily high, low and volume-weighted average for the various transactions were – Dates in 2019 that JSE Number of JSE Daily high Daily low ordinary ordinary Daily VWAP price paid price paid shares shares (cents per (cents per (cents per acquired acquired share) share) share) 5 March 108 973 15948 16000 15902 6 March 250 622 15994 16000 15930 The requisite approvals have been granted by shareholders at the Company’s annual general meeting, in respect of the acquisition of JSE ordinary shares in the open market and in respect of specific financial assistance to the Trust for the purpose of acquiring these shares. ACCEPTANCE OF ALLOCATIONS OF SECURITIES TO DIRECTORS, THE COMPANY SECRETARY AND PRESCRIBED OFFICERS Following the acquisition of the JSE ordinary shares by the Trust as disclosed above, the executive directors, members of the executive committee and the Company Secretary, have on 7 March 2019 accepted grants of restricted ordinary shares in the Company, as reflected in this announcement. Total number of restricted Total Rand value JSE ordinary of restricted JSE shares ordinary shares awarded and awarded and Nature of Executive Role accepted accepted interest CEO & Executive Direct NF Newton-King Director 52 112 8 327 498 beneficial CFO & Executive Direct A Takoordeen Director 16 710 2 670 258 beneficial Alternate Direct JH Burke Director 18 420 2 943 516 beneficial Prescribed Direct A Greenwood Officer 17 776 2 840 605 beneficial Prescribed Direct D Khumalo Officer 13 190 2 107 762 beneficial Prescribed Direct H Kotze Officer 15 400 2 460 920 beneficial Prescribed Direct Z Morrison Officer 9 626 1 538 235 beneficial Prescribed Direct DM Nemer Officer 20 372 3 255 446 beneficial Prescribed Direct M Randall Officer 13 920 2 224 416 beneficial Group Company Direct GA Brookes Secretary 7 854 1 255 069 beneficial The restricted shares will vest in two tranches, one-half on 1 March 2022 and the remaining half on 1 March 2023, subject to the vesting criteria as set out above being met. The individual allocations (grant and acceptance) were approved by the JSE’s Group Human Resources Committee and clearance to deal was granted by the Chairman of the Board. Sandton 8 March 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/03/2019 05:24:00 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.