Dealings in Securities by Directors Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 (“the Company”) DEALINGS IN SECURITIES BY DIRECTORS In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Mr Jonathan Knowlden Company: Bauba Platinum Limited Date of transaction: 15 March 2019 Nature of the transaction: Off market acceptance of Performance Shares in terms of the Bauba Platinum Limited 2013 Share Plan Class of underlying security to which rights attach: Ordinary shares Number of Performance Shares awarded: 2 747 760 Performance Share award price: R0.00 Total value of transaction: Not applicable Vesting period: Performance Shares will vest on the third anniversary of their award, to the extent that the Company has met specified performance criteria over the intervening period. Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Name of director: Mr Nick van der Hoven Company: Bauba Platinum Limited Date of transaction: 15 March 2019 Nature of the transaction: Off market acceptance of Performance Shares in terms of the Bauba Platinum Limited 2013 Share Plan Class of underlying security to which rights attach: Ordinary shares Number of Performance Shares awarded: 2 747 760 Performance Share award price: R0.00 Total value of transaction: Not applicable Vesting period: Performance Shares will vest on the third anniversary of their award, to the extent that the Company has met specified performance criteria over the intervening period. Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Johannesburg 19 March 2019 Sponsor Merchantec Capital Date: 19/03/2019 05:07:00 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.