Dealing in securities Brimstone Investment Corporation Limited (Incorporated in the Republic of South Africa) Registration number 1995/010442/06 (“Brimstone") ISIN Number: ZAE000015277 Share Code: BRT ISIN Number: ZAE000015285 Share Code: BRN DEALING IN SECURITIES Brimstone hereby provides the following information regarding the receipt of Brimstone “N” ordinary shares by directors, directors of major subsidiaries, the company secretary and their associates in terms of a capitalisation issue as announced on SENS on 10 March 2020 (the “Capitalisation Issue”). The date of the off-market transactions is 11 May 2020 and the price per Brimstone “N” ordinary share of R4.95036 was determined by applying the volume weighted average price of a Brimstone “N” ordinary share on 6 May 2020 less 10% which is in line with the cash fraction calculation for the Capitalisation Issue. Written clearance to deal was received, as applicable. Name of director Number of “N” ordinary Total value Extent of interest shares (R) MA Brey 69 739 345 233.16 Indirect beneficial 131 244 649 705.05 Direct beneficial F Robertson 69 739 345 233.16 Indirect beneficial 48 626 240 716.21 Direct beneficial MI Khan 36 927 182 801.94 Indirect beneficial 2 831 14 014.47 Direct beneficial GG Fortuin 31 405 155 466.06 Indirect beneficial 5 24.75 Direct beneficial T Moodley (Company 18 890 93 512.30 Indirect beneficial Secretary) 41 459 205 236.98 Direct beneficial LA Parker 236 580 1 171 156.17 Indirect beneficial N Khan 18 275 90 467.83 Direct beneficial MK Ndebele 7 445 36 855.43 Direct beneficial M Hewu 22 938 113 551.36 Direct beneficial Name of director of Number of “N” ordinary Total value Extent of interest major subsidiary shares (R) Muhammad Brey 402 1 990.04 Direct beneficial F Ratheb 2 196 10 870.99 Direct beneficial M Rapiya 36 178.21 Direct beneficial Name of associate Name of Number of “N” Total value Extent of interest of director/s ordinary shares (R) associate African Peoples F Robertson 10 001 49 508.55 Direct beneficial Investment Corporation MA Brey F Robertson and MA (Pty) Ltd (“APIC”) Brey have an indirect beneficial holding of 69.15% and 15.4% respectively in APIC Brimstone Management F Robertson 9 935 49 181.83 Direct beneficial Company (Pty) Limited MA Brey F Robertson and MA (“Manco”) Brey have an indirect beneficial holding of 20% respectively in Manco H Investments 157 (Pty) MA Brey 14 181 70 201.06 Direct beneficial Limited (“H M A Brey has a 100% Investments”) indirect beneficial interest in H Investments HMB Brey MA Brey 19 872 98 373.55 Direct beneficial HMB Brey is the spouse of MA Brey Pro One Investments MA Brey 171 259 847 793.70 Direct beneficial (Pty) Limited (“Pro One”) MA Brey has a 25% direct beneficial interest in Pro One Breyfin 2 (Proprietary) MA Brey 1 182 656 5 854 572.96 Direct beneficial Limited (“Breyfin 2”) MA Brey has a 100% indirect beneficial interest in Breyfin 2 Breyfin (Proprietary MA Brey 290 472 1 437 940.97 Direct beneficial Limited (“Breyfin”) MA Brey has a 100% indirect beneficial interest in Breyfin Robatsi Genesis 26 F Robertson 47 069 233 008.50 Direct beneficial Proprietary Limited F Robertson has a 100% (“Robatsi Genesis”) indirect beneficial interest in Robatsi Genesis Commlife Holdings F Robertson 86 409 427 755.66 Direct beneficial (Proprietary) Limited F Robertson has a 100% (“Commlife”) indirect beneficial interest in Commlife Business Venture F Robertson 13 508 66 869.46 Direct beneficial Investments No 871 F Robertson has a 50% (Pty) Ltd (“Business indirect beneficial Venture”) interest in Business Venture Friedshelf 1800 F Robertson 1 337 653 6 621 863.91 Direct beneficial (Proprietary) Limited F Robertson has a 100% (“Friedshelf”) indirect beneficial interest in Friedshelf Lion of Africa Life F Robertson 15 475 76 606.82 Direct beneficial Assurance Company F Robertson has a 100% Limited (“Lion Life”) indirect beneficial interest in Lion Life LoA Commlife Ins F Robertson 36 987 183 098.97 Direct beneficial Specialist Equity Fund F Robertson has a 100% (“LoA Commlife”) indirect beneficial interest in LoA Commlife K Khan MI Khan 723 3 579.11 Direct beneficial K Khan is the spouse of MI Khan P Moodley T Moodley 10 236 50 671.89 Direct beneficial P Moodley is the spouse of T Moodley N Moodley T Moodley 1 527 7 559.20 Direct beneficial Brimshare (Pty) Limited N Khan 90 848 449 730.31 Direct beneficial (“Brimshare”) N Khan has an indirect beneficial interest in Brimshare X Hewu M Hewu 362 1 792.03 Direct beneficial X Hewu is the spouse of M Hewu Cape Town 15 May 2020 Sponsor Nedbank Corporate and Investment Banking Date: 15-05-2020 03:15:00 Produced by the JSE SENS Department. 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