BLUE LABEL TELECOMS LIMITED - Dealing in securities

Dealing in securities

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label”)

DEALING IN SECURITIES

In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, the following
dealings are disclosed:

Independent Non-Executive:           JS Mthimunye
Associate company:                   Grapevine Property Investments 103 CC
Date of transaction:                 22 August 2018
Nature and detail of transaction:    On market acquisition of Blue Label shares, Indirect
                                     Beneficial
Class of securities:                 Ordinary shares
Number of shares acquired:           60 000
Highest Price:                       R6-90
Lowest Price                         R6-80
Volume weighted average price:       R6-84
Total value of transaction:          R410,616-93

Independent Non-Executive:           LM Nestadt
Associate company:                   The LM Nestadt Trust
Date of transaction:                 22 August 2018
Nature and detail of transaction:    On market acquisition of Blue Label shares, Indirect
                                     Beneficial
Class of securities:                 Ordinary shares
Number of shares acquired:           795,326
Price per share:                     R6,9032
Total value of transaction:          R5,490,294-44

Independent Non-Executive:           JS Mthimunye
Associate company:                   Grapevine Property Investments 103 CC
Date of transaction:                 23 August 2018
Nature and detail of transaction:    On market acquisition of Blue Label shares, Indirect
                                     Beneficial
Class of securities:                 Ordinary shares
Number of shares acquired:           30 000
Highest Price:                       R7-25
Lowest Price                         R7-22
Volume weighted average price:       R7-23
Total value of transaction:          R217 000-00

Independent Non-Executive:           GD Harlow
Associate:                           BA Harlow
Date of transaction:                 23 August 2018
Nature and detail of transaction:    On market acquisition of Blue Label shares, Indirect
                                     Beneficial
Class of securities:                 Ordinary shares
Number of shares acquired:           30,754
Highest Price:                       R7-22
Lowest Price                         R7-22
Volume weighted average price:       R7-22
Total value of transaction:          R222,043-88




Prior clearance to deal in these shares was obtained.



Sandton
24 August 2018

Sponsor:
Investec Bank Limited

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