ELB GROUP LIMITED - Dealing in securities by a director

Dealing in securities by a director

ELB GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06)
ISIN: ZAE000035101
Share Code: ELR

DEALING IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director                        :     Cornelius Johannes Smith
Company                         :     ELB Group Limited
Date of transaction             :     16 October 2015
Nature of transaction           :     Off market exercise of options
                                      granted in terms of the ELB
                                      Share Incentive Scheme
Class of securities             :     Options in respect of
                                      ordinary shares
Number of options               :     12 000
Option strike price             :     1289 cents per share
Vesting                         :     Immediate upon exercise of
                                      options
Total value of transaction      :     R289 320,00*
Nature of interest              :     Direct beneficial
Clearance obtained              :     Yes
* Based on a closing price of 2411 cents per share on 16 October 2015.

Boksburg
19 October 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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