INVICTA HOLDINGS LIMITED - Directors dealing in securities

Directors dealing in securities

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta")


                                     Directors Dealing In Securities

In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
respect of the purchase for Invicta ordinary shares by the following director:


        Name of director:                   CE Walters (Executive director)
        Date of transaction:                25 November 2013
        Nature of transaction:              Purchase in terms of share appreciation plan
        Price per share:                    R 114.87
        Number of shares:                   100 695 Invicta shares
        Value of transaction:               R11 566 834.65
        Class of security:                  Ordinary shares
        Nature of interest:                 Direct beneficial
        Trade:                              Off-market


        Board approval for trades: Yes


Cape Town
26 November 2013

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 26/11/2013 09:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.