BSI STEEL LIMITED - Dealing in securities by an associate of a director

Dealing in securities by an associate of a director

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 AN ASSOCIATE OF A DIRECTOR


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
an associate of a director:

Name of director:                      Mr William Battershill

Designation:                           Chairman and CEO of BSI

Name of associate and relationship     Mrs D Battershill, wife of Mr Battershill
with director:


Date of transaction:                   10 March 2015

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

Class of securities:                   Ordinary shares

Number of securities:                  100 000

Deemed price per security:             R0.55

Deemed value of transaction:           R 55,000.00


Clearance obtained:                    Not applicable


Nature of interest:                    Indirect Beneficial


Johannesburg
10 March 2015

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

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