SANTOVA LIMITED - Granting of share options to Staff and Executive Directors

Granting of share options to Staff and Executive Directors

SANTOVA LIMITED
Registration No.: 1998/018118/06)
Share code: SNV   ISIN: ZAE000159711
("Santova" or "the Company")

GRANTING OF SHARE OPTIONS TO STAFF AND EXECUTIVE DIRECTORS

Shareholders are advised that in terms of the Group Share Option
Scheme which was approved at the Annual General Meeting held on 24
July 2012, 3,673,000 share options in total, have been granted by
the Company to certain eligible employees of the Group, including
directors of Santova and its subsidiaries.

In accordance with the requirements of paragraph 3.63 - 3.74 of
the JSE Listings Requirements,  notice   is hereby    given  that
included in the above tranche of options, were the following share
options,  which were granted to the Executive Directors   of the
Company and of its major subsidiaries:

Name of Director:                        GH Gerber
Name of Company:                         Santova Limited
Designation:                             Chief Executive       Officer
Option date:                             30 November    2012
Number   of shares:                      800,000
Option price:                            85 cents per share
Total value:                             R680,000
Class of securities:                     Ordinary    shares
Nature   of transaction:                 Off market    grant of options
Nature   of interests:                   Direct beneficial
Exercise    date:                        The option may only be
exercised after a period of 3 years has elapsed from the option date


Name of Director:                        GM Knight
Name of Company:                         Santova Limited
Designation:                             Executive    Director
Option date:                             30 November    2012
Number   of shares:                      600,000
Option price:                            85 cents per share
Total value:                            R5l0,OOO
Class of securities:                    Ordinary    shares
Nature   of transaction:                Off market    grant of options
Nature   of interests:                  Direct beneficial
Exercise    date:                       The option may only be
exercised after a period of 3 years has elapsed from the option date


Name of Director:                       AL Van Zyl
Name of Company:                        Santova Limited
Designation:                            Executive    Director
Option date:                            30 November    2012
Number   of shares:                     500,000
Option price:                           85 cents per share
Total value:                            R425,000
Class of securities:                    Ordinary    shares
Nature   of transaction:                Off market    grant of options
Nature   of interests:                  Direct beneficial
Exercise    date:                       The option may only be
exercised after a period   of 3 years has elapsed from the option date


Name of Director:                       DC Edley
Name of Company:                        Santova Limited
Designation:                            Group Financial       Director
Option   date:                          30 November    2012
Number   of shares:                     450,000
Option price:                           85 cents per share
Total value:                            R382,500
Class of securities:                    Ordinary    shares
Nature   of transaction:                Off market    grant of options
Nature   of interests:                  Direct beneficial
Exercise    date:                       The option may only be
exercised after a period   of 3 years has elapsed from the option date


Name of Director:                       AKG Lewis
Name of Company:                        Santova Logistics (Pty) Limited
Designation:                            Group Legal Adviser
Option date:                            30 November    2012
Number   of shares:                     199,000
Option price:                           85 cents per share
Total value:                            R169,150
Class of securities:                    Ordinary    shares
Nature   of transaction:                Off market    grant of options
Nature   of interests:                  Direct beneficial
Exercise    date:                       The option may only be
exercised after a period of 3 years has elapsed from the option date

Clearance for this transaction was provided in terms of section
3.66 of the JSE Listings Requirements.

Durban
3 December     2012
Sponsor and Corporate Adviser
River Group

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