Dealings in securities by directors Phumelela Gaming & Leisure Limited (Incorporated in the Republic of South Africa) (Registration number 1997/016610/06) Share code: PHM ISIN: ZAE000039269 Dealings in securities by directors In compliance with Rule 3.63 to 3.74 of the JSE Listings Requirements, the following information is disclosed pursuant to the fully committed renounceable Phumelela rights offer (“Rights Offer”): Director : W.A. du Plessis Number of nil paid rights : 500 000 Date of transaction : 24 January 2017 Value : R2 305 000 Price per nil paid right : R4.61 Type of security : Nil paid rights pursuant to the Rights Offer Nature of transaction : Sale, on market Name of associate : Lotus Good Investments Inc Nature of interest : Indirect Beneficial Director : W.A. du Plessis Number of nil paid rights : 500 000 Date of transaction : 24 January 2017 Value : R2 305 000 Price per nil paid right : R4.61 Type of security : Nil paid rights pursuant to the Rights Offer Nature of transaction : Purchase, on market Name of associate : Rian Du Plessis Family Trust Nature of interest : Indirect Beneficial The Chairman of Phumelela Gaming and Leisure granted clearance for the above transaction. Johannesburg 24 January 2017 Sponsor and Financial Adviser Investec Bank Limited Date: 24/01/2017 05:05:00 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.