HULAMIN LIMITED - Dealings in securities by a director

Dealings in securities by a director

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
("Hulamin")

DEALINGS IN SECURITIES BY A DIRECTOR

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

Director:                       D A Austin
Company:                        Hulamin Limited
Nature of transaction:          Off market exercise of long
                                term incentive plan awards
                                with no performance conditions
                                ("LTIP-NPC") and subsequent on
                                market sale of shares
Date of exercise:               1 March 2016
Class of securities:            LTIP-NPC in respect of
                                ordinary shares
Grant date:                     1 March 2013
Number of LTIP-NPC              144 996 Hulamin LTIP-NPC
exercised:                      settled in respect of
                                144 996 Hulamin ordinary
                                shares. 100 000 are retained
                                and 44 996 were sold on market
Date of sale:                   1 March 2016
Average Selling Price:          R5.41
Highest Price:                  R5.46
Lowest Price:                   R5.40
Value of sale:                  R243 522.85
Nature of interest:             Direct beneficial
Clearance obtained:             Yes

Summary of trades:

Shares acquired with the settlement
of share scheme awards                  144 996
Shares sold to defray tax liability      44 996
Shares retained                         100 000

Pietermaritzburg
4 March 2016

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

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