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 Date: 06/06/2017 04:12:00 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.