Dealing in Securities by an Associate of a Director PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC JSE code: PPC003 JSE ISIN: ZAG000117524 DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 28 June 2019 Number of securities : 2 827 647 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.6147 Value of transaction : R13 048 742.61 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 1 July 2019 Number of securities : 434 496 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.6480 Value of transaction : R2 019 537.41 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 2 July 2019 Number of securities : 1 226 026 Nature of transaction : On-market purchase of securities Class of securities : Ordinary shares Share price : R4.8965 Value of transaction : R6 003 236.31 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the advisor to Peregrine Fund Platform (Pty) Ltd, the registered investment manager for various funds advised by VCP. Sandton 3 July 2019 Sponsor Merrill Lynch South Africa (Pty) Limited Investor contacts: PPC: Anashrin Pillay Tel: +27 (0)11 386 9000 Anashrin.Pillay@ppc.co.za Date: 03/07/2019 03:30:00 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.