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SCL - Sacoil Holdings Limited - Dealings in Securities

Release Date: 30/06/2011 09:30:01      Code(s): SCL
SCL - Sacoil Holdings Limited - Dealings in Securities                          
SACOIL HOLDINGS LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
JSE share code: SCL                                                             
AIM share code: SAC                                                             
ISIN: ZAE0000127460                                                             
("SacOil" or "the Company")                                                     
DEALINGS IN SECURITIES                                                          
In compliance with rule 3.63 of the JSE Limited ("JSE") Listings Requirements   
and rule 17 and schedule 5 of the AIM rules, the following information relating 
to dealing in ordinary shares of no par value in the Company ("Ordinary Shares")
by directors and executive management was disclosed to SacOil on 29 June 2011:  
Name:                                 Carey Linnell                             
Name of company:                      SacOil Holdings Limited                   
Position:                             Immediate family of Richard Linnell       
                                     - Non-executive Chairman                   
Date of trade:                        28, 29 June 2011                          
Number of securities:                 20 000, 8 000 and 11 706                  
Class:                                Ordinary shares                           
Price:                                R0.88, R0.89 and R0.85                    
Total value of the transaction:       R 34 670.10                               
Nature of Transaction:                Purchase on open market                   
Extent of interest:                   Direct beneficial                         
Relevant clearances for these transactions were provided by the Chairman of     
SacOil in compliance with rule 3.66 of the JSE Listings Requirements.           
30 June 2011                                                                    
For Further Information:                                                        
Standard Bank                                                                   
Nominated Adviser and Joint Broker                                              
finnCap Limited                                                                 
Matthew Robinson/Ed Frisby                                                      
+44 (0) 20 7220 1658                                                            
Joint Broker                                                                    
Shore Capital Stockbrokers Limited                                              
Jerry Keen/Dru Danford                                                          
Tel: +44 (0) 20 7408 4090                                                       
Tavistock (Public Relations UK)                                                 
Edward Portman / Jos Simson                                                     
Tel: +44 (0) 20 7920 3150                                                       
The Riverbed Agency (Public Relations SA)                                       
Raphala Mogase/Bongiwe Moeli                                                    
Tel: +27 (0) 11 783 7903                                                        
Additional information on SacOil can be found at www.sacoilholdings.com.        
Date: 30/06/2011 09:30:00 Supplied by www.sharenet.co.za                     
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