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African Oxygen Limited - Granting Of Awards To The Company Secretary

Release Date: 22/05/2015 11:22:00      Code(s): AFX     
AFRICAN OXYGEN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120
(?Afrox? or the ?Company")

GRANTING OF AWARDS TO THE COMPANY SECRETARY

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (?Listings
Requirements?), shareholders are advised that directors and/or company secretary may derive a
beneficial interest in terms of Afrox?s Forfeitable Share Plan (2012) (the ?Scheme?).

Investec Bank, in their capacity as Escrow agent, has acquired shares, on market, on behalf of
the participants. In respect of the Scheme, the release of the options to directors and/or company
secretary is conditional upon being employed by the Company on that date and reaching
predetermined performance conditions.

In order to comply with the Listings Requirements, the potential interest in these dealings is
disclosed below:

Name of company secretary:                         C Singh
Name of company:                                   Afrox Limited
Date of grant:                                     18 May 2015
Date of acceptance:                                21 May 2015
Nature of transaction:                             Granting of options in terms of the Scheme
Number of securities:                              18 000
Price per security:                                R13.97
Vesting period:                                    1 January 2018
Class of securities:                               Ordinary shares
Number of share appreciation rights:               27 000
Deemed value per share appreciation right:         R13.97
Vesting period:                                    1 January 2018
Total value of the transaction:                    R628 650
Nature of interest:                                Indirect beneficial

Clearance for the above awards in terms of paragraph 3.66 of the Listings Requirements has
been obtained.

Johannesburg
22 May 2015

Sponsor
One Capital

Date: 22/05/2015 11:22:00 Supplied by www.sharenet.co.za                     
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