MERAFE RESOURCES LIMITED - Dealings in Securities by Director of Merafe

Dealings in Securities by Director of Merafe

MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06
Share Code: MRF
ISIN: ZAE000060000
(“Merafe”)

DEALINGS IN SECURITIES BY DIRECTOR OF MERAFE

In compliance with paragraphs 3.63 – 3.66 of the Listings Requirements of
the JSE Limited, the following information is provided:

Vesting and sale of shares in terms of the Share Incentive Scheme

In terms of the Merafe Share Incentive Scheme (“Scheme”), the following
grant shares vest and have been sold on 3 October 2014:

Name of Director:                         Zanele Matlala

Transaction date:                         3 October 2014

                                          Vesting and sale of shares
Nature of transaction:
                                          in terms of the Scheme

Number of shares vested:                  799 915

Issued price per share:                   Nil

Sale price per share:                     R 1.1748


Total value:                              R 939 740.14

Type of trade:                            Market

Class of security:                        Ordinary shares

Extent of Director’s      interest   in
                                          Direct beneficial
the transaction:


Clearance has been given.

6 October 2014
Sandton

Sponsor
Merrill Lynch South Africa Proprietary Limited

Kajal Bissessor
Chartered Accountant (SA)
Finance and Investor Relations Manager
Merafe Resources Limited
Ph: +2711 783 4780 / +27 83 784 6686

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