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Scl - Sacoil Holdings Limited - Dealings In Securities

Release Date: 17/08/2011 08:09:41      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 by an associate of a director in  
ordinary shares of no par value in the Company ("Ordinary Shares") was disclosed
to SacOil on 16 August 2011:                                                    
Name:                                     Carey Linnell                         
Name of company:                          SacOil Holdings Limited               
Position:                                 Immediate family of Richard Linnell - 
                                         Non-executive Chairman                 
Date of trade:                            15 August 2011                        
Number and price of securities:           30 000 at R0.59                       
5 000 at R0.60                         
Class:                                    Ordinary shares                       
Total value of the transactions:          R 20 700.00                           
Nature of Transaction:                    Purchase on open market               
Extent of interest:                       Direct beneficial                     
Johannesburg                                                                    
17 August 2011                                                                  
For Further Information:                                                        
JSE Sponsor                                                                     
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/Bidhi Bhoma/Toby Gibbs                                               
Tel: +44 (0) 20 7408 4050                                                       
Contacts                                                                        
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: 17/08/2011 08:09:41 Supplied by www.sharenet.co.za                     
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