BSI STEEL LIMITED - Director's dealing in shares

Director's dealing in shares

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 A DIRECTOR




In compliance with the terms of paragraph 3.63 to 3.74 of
the Listings Requirements of the JSE Limited, the Company
hereby discloses the following director’s dealings in the
Company’s shares:

Name of director:      Mr I Clark

Designation:           Non-executive Director


Date of transaction:   27 November 2012

Class of securities:   Ordinary shares

Number of securities
and price:               5 000 at 49 cents per share
                       167 000 at 50 cents per share

Total value:           R86 250.00

Nature of interest:    Indirect beneficial – by Roxichron
                       (Pty) Ltd, a company controlled
                       by Mr Clark's trust


Nature of              Purchase of BSI shares – on market
transaction:           trade


Clearance obtained     Yes
BSI high 27 November    50 cents per share
2012
BSI low 27 November     49 cents per share
2012
BSI close 27 November   50 cents per share
2012




Johannesburg
28 November 2012

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

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