BLU - Blue Label Telecoms Limited - Notice of Director`s Dealings in

BLU - Blue Label Telecoms Limited - Notice of Director`s Dealings 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" or "the company")                                                 
NOTICE OF DIRECTOR`S DEALINGS IN SECURITIES                                     
In compliance with paragraph 3.63 - 3.65 of the JSE Listing Requirements, the   
following information, relating to the dealing in securities by a non-          
executive director is disclosed:                                                
Name of director:             JS Mthimunye                                      
Company:                      Blue Label Telecoms Limited                       
Designation:                  Non-Executive Director                            
Date transaction effected:    29 March 2010                                     
Nature of transactions:       Purchase of shares                                
Number of shares:             20,000                                            
Price of shares:              R4.74                                             
Total consideration:          R94,800                                           
Nature of interest            Direct beneficial                                 
Clearance to deal:  Obtained in advance in accordance with the section 3.66     
of the Listings Requirements                                                    
30 March 2010                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 30/03/2010 13:30:01 Supplied by www.sharenet.co.za                     
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