BSI STEEL LIMITED - Dealings in securities by associates of directors

Dealings in securities by associates of directors

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


DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following dealings in securities by
associates of BSI directors’:

Name of director:                        Mr William Battershill

Designation:                             Chairman and CEO of BSI

Name of associate and relationship       Battershill Investments (Pty) Ltd – of which
with director:                           Mr Battershill is a director, the shares of
                                         which are held by the Longfellow Trust –
                                         50% (of which Mr Battershill is a trustee and
                                         beneficiary) and by the Denbigh Trust – 50%
                                         (of which Mr Battershill is a trustee and
                                         beneficiary)

Date of transaction:                     5 February 2016

Nature of transaction:                   Purchase of BSI securities
                                         (on-market transaction)

Class of securities:                     Ordinary shares

Number of securities:                    24 000

Price per security:                      R0.37


Value of transaction:                    R8 880.00

Nature of interest:                      Indirect Beneficial

Clearance obtained:                      Not applicable


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 transaction:                     5 February 2016

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

Nature of interest:                      Indirectly beneficial

Class of securities:                     Ordinary shares

Number of securities:                    4 486

Price per security:                      R0.40

Value of transaction:                    R1794.40

Clearance obtained:                      Not applicable

Johannesburg
8 February 2016

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

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