BSI STEEL LIMITED - Dealing in securities by a Director

Dealing in securities by 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 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 WL Battershill

Designation:            Group Chairman – Executive
                        Director

Date of transaction:    12 November 2012

Class of securities:    Ordinary shares

Price:                  43 cents per share

Number of securities:   4 230

Sub total:              R1 818.90



Price:                  49 cents per share

Number of securities:   111 770

Sub total:              R54 767.30

Total value             R56 586.20


BSI high 12 November    49 cents per share
2012
BSI low 12 November     42 cents per share
2012
BSI close 12 November   49 cents per share
2012



Nature of interest:     Indirect beneficial - by the
                        Longfellow Family trust of which
                        Mr Battershill is a beneficiary
                        and Trustee.



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

Clearance to trade      Yes
obtained:




Name of director:       Mr WL Battershill

Designation:            Group Chairman – Executive
                        Director

Date of transaction:    12 November 2012

Class of securities:    Ordinary shares

Price:                  49 cents per share

Number of securities:   238 540

Sub total:              R116 884.60



Price:                  44 cents per share

Number of securities:   5 000

Sub total:              R2 200.00


Price:                  42 cents per share
Number of securities:   4 180

Sub total:              R1 755.60



Total value             R120 840.20


BSI high 12 November    49 cents per share
2012
BSI low 12 November     42 cents per share
2012
BSI close 12 November   49 cents per share
2012



Nature of interest:     Direct beneficial


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

Clearance to trade      Yes
obtained:




Johannesburg
13 November 2012

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

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