Dealings in securities by directors and associates of a director of the company and a major subsidiary PEREGRINE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/006026/06) JSE share code: PGR ISIN: ZAE000078127 (“Peregrine” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF A DIRECTOR OF THE COMPANY AND A MAJOR SUBSIDIARY OF THE COMPANY Pursuant to the unbundling and distribution by Peregrine of all its shares in Sandown Capital Limited (“Sandown Capital”) to Peregrine shareholders, by way of a distribution in specie, in the ratio of one Sandown Capital share for every one Peregrine share held on 1 December 2017, directors (or associates of directors) of Peregrine and Citadel Holdings Proprietary Limited have entered into off-market transactions in terms of which all or a portion of the shares held by them in Sandown Capital have been swapped for Peregrine shares, with the counter party to such trades being Sean Alan Melnick, a director of both Peregrine and Sandown Capital. Clearance to deal was obtained in respect of all the transactions. Shareholders are accordingly advised of the following information relating to such dealings in Peregrine ordinary shares: Name of associate: Robert & Dawn Katz Family Trust Name of director and relationship to director: Robert Eric Katz, a director of Peregrine and a trustee and beneficiary of the Robert & Dawn Katz Family Trust Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 135 451 Price per security: R24.50 Total value of transaction: R3 318 549.50 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of director: Andrew Pierre Moller Name of subsidiary: Citadel Holdings Proprietary Limited Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 79 645 Price per security: R24.50 Total value of transaction: R1 951 302.50 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Direct beneficial Name of director: Petrus Arnoldus Swart Name of subsidiary: Citadel Holdings Proprietary Limited Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 140 145 Price per security: R24.50 Total value of transaction: R3 433 552.50 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Direct beneficial Name of associate: BM Griesel Family Trust (“the Trust”) Name of director and relationship to director: Barend Mattheus Griesel, a director of Citadel Holdings Proprietary Limited and a trustee and beneficiary of the Trust Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 59 825 Price per security: R24.50 Total value of transaction: R1 465 173.50 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of director: Sean Alan Melnick Transaction date: 19 January 2018 Class of securities: Ordinary shares Number of securities: 1 297 347 Price per security: R24.50 Total value of transaction: R31 785 001.50 Nature of transaction: Off-market sale Nature and extent of director’s interest: Direct beneficial 22 January 2018 Joint sponsor Java Capital Joint independent sponsor Deloitte & Touche Sponsor Date: 22/01/2018 04:00:00 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.