BSI STEEL LIMITED - Dealing in securities by an associate of a director

Dealing in securities by an associate of a director

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(“BSI” or "the Company")


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following dealing in securities by
an associate of a director:

Name of director:                       Mr Craig Parry

Designation:                            Executive Director of BSI

Associate:                              The Craig Parry Family Trust of which Mr C
                                        Parry is a trustee and a beneficiary

Date of transactions:                   24 November 2015        (1)
                                        25 November 2015        (2)

Nature of transactions:                 Sale of BSI securities by associate of director
                                        On-market trade

Nature of interest:                     Indirectly beneficial

Class of securities:                    Ordinary shares

Number of securities:                   470 254          (1)
                                        329 746          (2)

Price per security:                     R0.45            (1)
                                        R0.45            (2)

Value of transactions:                  R211 614.30 (1)
                                        R148 385.70 (2)

Clearance obtained:                     Not applicable

Johannesburg
26 November 2015

Designated Advisor:
Sasfin Capital (a division of Sasfin Bank Limited)

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