CADIZ HOLDINGS LIMITED - Disclosure of Share Transactions and Directors' Interests

Disclosure of Share Transactions and Directors' Interests

CADIZ HOLDINGS LIMITED
Incorporated in the Republic of South Africa)
(Registration number 1997/007258/06)
Share code: CDZ    ISIN: ZAE000017661
(the “Company”)

DISCLOSURE OF SHARE TRANSACTIONS AND DIRECTORS’ INTERESTS

DISCLOSURE OF SHARE TRANSACTIONS

In accordance with section 122(3)(b)of the Companies Act 71 of
2008 (the “Act”) and section 3.83(b) of the JSE Listing
Requirements, holders of ordinary shares in the Company are
advised that:

Raymond Cadiz has notified the Company that he disposed of
ordinary shares in the Company such that his beneficial interest
is 0% in the issued ordinary shares of the Company; and

Friedshelf 1638 Proprietary Limited (“Friedshelf”) a vehicle
established for management to hold shares in the Company has
notified the Company that it acquired ordinary shares in the
Company such that its beneficial interest is 20.7% in the issued
ordinary shares of the Company.

DIRECTORS’ INTERESTS

In compliance with Rules 3.63 – 3.74 of the JSE Listing
Requirements, the following information is disclosed:

Director:                Raymond Francis Galwey Cadiz
Office held:             Director
Company:                 Cadiz Holdings Limited
Number:                  37 087 285
Price:                   R1.18
Value:                   R43 762 996.30
Transaction date:        16 March 2015
Class of shares:         Ordinary
Nature of transaction:   Sale of shares off-market
Nature of interest:      Direct and indirect beneficial

Clearance in terms of paragraph 3.66 has been given by the
designated persons.

Director:                Roberto Gonsalves as trustee and
                         beneficiary of The Benfica Trust, the
                         sole current shareholder of Friedshelf
                         1638 Proprietary Limited.
Office held:             Director of a major subsidiary
Company:                 Cadiz Corporate Solutions (Pty) Ltd
Number:                  50 915 347
Price:                   R1.18
Value:                   R60 080 190.46
Transaction date:        16 March 2015
Class of shares:         Ordinary
Nature of transaction:   Purchase of shares off-market
Nature of interest:      Indirect beneficial

Clearance in terms of paragraph 3.66 has been given by the
designated persons.

Friedshelf has been established by Roberto Gonsalves to allocate
shares to members of the management team in the future. This
vehicle has acquired a meaningful stake in the Company in terms of
this transaction.

Cape Town

20 March 2015
Sponsor: Investec Bank Limited

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