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WIL: WILDERNESS HOLDINGS LIMITED - Dealing In Securities By Associate Of A Director
07 Feb 2019

WIL: WILDERNESS HOLDINGS LIMITED - Dealing In Securities By Associate Of A Director
Dealing In Securities By Associate Of A Director

Wilderness Holdings Limited
(Registration number 2004/2986)
(Registered as an external company in South Africa Registration number 2009/022894/10)
ISIN: BW0000000868
Share code: WIL
("Wilderness" or "the Company")

Dealing In Securities By Associate Of A Director

In terms of the Wilderness Holdings Share Scheme 2011 certain share appreciation rights (SARs) 
were granted to senior management of the Wilderness Holdings Group on 13 June 2011. The SARs are 
settled in Wilderness Holdings Limited ordinary shares.

In compliance with the Botswana Stock Exchange ("BSE") and Johannesburg Stock Exchange ("JSE") 
Listings Requirements shareholders are advised that an associate of a director has acquired the 
following shares:

Name of associate:             Kerry Azoulay (associate of Amihai Azoulay)
Date of transaction:           31 December 2018
Name of Company:               Wilderness Holdings Limited
Number of securities:          22 513
Class of securities:           Ordinary shares

Nature of transaction:         Off-market issue and acceptance of shares to settle the rights that have 
                               vested in terms of the Wilderness Group Share Plan 2011.

Price per share:               The shares were issued for no consideration. The deemed issue price of the
                               shares is the closing price on 31 December 2018 of P6.56 on the Botswana
                               Stock Exchange ("BSE") and R5.50 on the Johannesburg Stock  Exchange ("JSE").

Nature of interest:            Direct beneficial
Extent of interest:            0.00948%
Deemed value of transaction:   BWP147 685 based on the BSE closing price of BWP6.56 on 31 December 2018 
                               (R123 822 based on the closing price of R5.50 on the JSE).

How traded:                    New Issuance

Clearance to deal obtained:    No, not required for an associate

The Company┬┤s primary listing is on the BSE and its secondary listing is on the JSE.

By Order of the Board
7 February 2019

Arbor Capital Sponsors Proprietary Limited

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