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SCL - SACoil Holdings Limited - Dealings in securities

Release Date: 04/07/2011 15:44:01      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,  
the following information relating to dealing in Ordinary Shares by directors   
and executive management was disclosed to SacOil on 30 June 2011:               
Name:                                  Bradley Cerff                            
Name of company:                       SacOil Holdings Limited                  
Position:                              Vice President - Commercial              
Date of trade:                         30 June 2011                             
Number of securities:                  110,000                                  
Class:                                 Ordinary shares                          
Price:                                 R0.86                                    
Total value of the transaction:        R94 600-00                               
Nature of Transaction:                 Purchase on the open market              
Extent of interest:                    Direct beneficial                        
Clearance for this transaction was provided by the Chairman of SacOil in        
compliance with rule 3.66 of the JSE Listings Requirements.                     
4 July 2011                                                                     
For Further Information:                                                        
Standard Bank                                                                   
Nominated Adviser and Joint Broker                                              
finnCap Limited                                                                 
Matthew Robinson/Ed Frisby                                                      
+44 (0) 20 7600 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: 04/07/2011 15:44:01 Supplied by www.sharenet.co.za                     
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