BLUE LABEL TELECOMS LIMITED - Notification of Sale of Shares by Director of Subsidiary

Notification of Sale of Shares by Director of Subsidiary

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


In compliance with Rules 3.63 – 3.66 of the JSE Listing Requirements, the following information is
disclosed:

Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr S Diamond
Date of sale:              12 September 2012
Number of shares           664,583
Average price per share    R6.35
Highest price per share    R6.36
Lowest price per share     R6.35
Total value:               R4,220,700
Date of sale:              13 September 2012
Number of shares           384,289
Average price per share    R6.40
Highest price per share    R6.40
Lowest price per share     R6.40
Total value:               R2,459,449
Nature of transaction:     On-market sale of shares
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial
Clearance given:           Yes in accordance with the JSE Listings Requirements


14 September 2012


Sponsor:
Investec Bank Limited

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