Directors dealings - trading of WBHO ordinary shares WILSON BAYLY HOLMES - OVCON LIMITED Building and civil engineering contractors (Registration no. 1982/011014/06) ISIN No: ZAE 000009932 Share code: WBO (“WBHO” or “the Company”) DIRECTORS DEALINGS – TRADING OF WBHO ORDINARY SHARES Subsequent to the vesting of the 2016 allocation of Performance Shares, the following directors sold vested shares through on-market trades from 20 November 2019 to 22 November 2019. The nature of all the trades are direct beneficial. The respective executive’s transactions are listed below: Name of director: EL Nel Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 6 996 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 1 002 526.80 Name of director: WP Neff Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 3 998 Additional shares sold: 5 208 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 1 319 219.80 Name of director: CV Henwood Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 6 396 Additional shares sold: 8 334 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 2 110 809.00 The relevant prescribed officers’ trades are listed below: Name of prescribed officer: PJ Foley Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 5 758 Additional shares sold: 8 972 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 2 110 809 Name of prescribed officer: EA Mashishi Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 4 162 Additional shares sold: 5 044 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 1 319 219.80 Name of company secretary: S Vally-Kara Company: Wilson Bayly Holmes-Ovcon Limited Shares sold towards the settlement of tax: 1 600 Highest price per share R 144.05 Lowest price: R 140.49 Volume weighted average price per share: R 143.30 Value of transaction: R 229 280.00 All values are before brokerage fees. Clearance has been obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. By order of the board Johannesburg 22 November 2019 Sponsor: Investec Bank Limited Date: 22/11/2019 05:45:00 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.