COMBINED MOTOR HOLDINGS LIMITED - Dealings in Securities

Dealings in Securities

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH     ISIN: ZAE000088050
(“the Company”)

DEALING IN SECURITIES

In compliance with the requirements of paragraphs 3.63 to 3.74
of the JSE Limited Listings Requirements, the following
equity-settled share appreciation rights (“SARs”) have vested
and been exercised in terms of the Company´s Share
Appreciation Rights Scheme 2010:


Executive director:              BWJ Barritt
Date of grant:                   1 June 2012
Vesting date:                    1 June 2017
Exercise date:                   6 June 2017
Number of SARs exercised:        41 667
Grant price per SAR:             R10.84
Strike price per SAR:            R21.97
Market price on exercise date:   R22.50
Number of shares awarded:        21 107
Value of shares awarded:         R474 907
Type of shares:                  Ordinary, no par value
Extent of interest:              Direct beneficial
Clearance obtained:              Yes

Executive director:              BWJ Barritt
Date of grant:                   1 June 2013
Vesting date:                    1 June 2017
Exercise date:                   6 June 2017
Number of SARs exercised:        41 667
Grant price per SAR:             R13.70
Strike price per SAR:            R21.97
Market price on exercise date:   R22.50
Number of shares awarded:        15 683
Value of shares awarded:         R352 868
Type of shares:                  Ordinary, no par value
Extent of interest:              Direct beneficial
Clearance obtained:              Yes

Company secretary:               K Fonseca
Date of grant:                   1 June 2012
Vesting date:                    1 June 2017
Exercise date:                   5 June 2017
Number of SARs exercised:        16 667
Grant price per SAR:             R10.84
Strike price per SAR:            R21.97
Market price on exercise date:   R22.50
Number of shares awarded:        8 445
Value of shares awarded:         R190 012
Type of shares:                  Ordinary, no par value
Extent of interest:              Direct beneficial
Clearance obtained:              Yes

The awards will be settled by the issue of shares purchased in
the open market.

Durban
06 June 2017

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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