BSI STEEL LIMITED - Dealings in Securities by a Director

Dealings 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")


DEALINGS IN SECURITIES BY 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
a director:

Name of director:                       Mr Nigel Payne

Designation:                            Independent Non-Executive director of BSI

Date of transaction:                    30 June 2016

Number of securities transacted:        750 000

Value of transactions:                  R360 000

Price per security (cents):             48

Date of transaction:                    01 July 2016

Number of securities transacted:        193 917

Value of transactions:                  R89 201.82

Price per security (cents):             46

Nature of transactions:                 Purchase of BSI securities – On Market

Class of securities:                    Ordinary shares

Nature of interest:                     Directly beneficial

Clearance obtained:                     Yes


Johannesburg
04 July 2016

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

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