Tsogo Sun : Directors dealings in Tsogo Sun securities

Tsogo Sun Holdings Limited (Incorporated in South Africa)

Registration number: 1989/002108/06

Share code: TSH

ISIN: ZAE000156238

("Tsogo Sun" or "the Company")

DIRECTORS DEALINGS IN TSOGO SUN SECURITIES

Shareholders are referred to the last SENS announcement released by Tsogo on Wednesday, 17

January 2018 relating to Tsogo's acquisition of the shares in Niveus Invest 19 Limited ("Gameco") the holding company of certain gaming businesses in the Niveus Investments Limited group, including the Offer to Gameco Minorities ("the Transaction").

Pursuant to Rules 3.6.3 to 3.7.4 of the JSE Listings Requirements, the following information is disclosed:

Director:	Mr JA Copelyn
Company	Tsogo Sun Holdings Limited
Transaction Date	The Closing Date was 29 December 2017
Nature of transaction	Shares acquired pursuant to the Transaction
Number of shares	1 806 061
Class of shares	Ordinary
Total value of transaction	R37 511 886
VWAP per share	R20.77
Nature of transaction	Part share for share transaction pursuant to the Transaction
Nature of interest	Indirect beneficial
Clearance	Clearance has been received in terms of paragraph 3.66 of the JSE
Listings Requirements
Fourways
22 January 2018

Corporate advisor and transaction sponsor to Tsogo Investec Bank Limited