BLU - Blue Label Telecoms Limited - Dealings in Securities

BLU - Blue Label Telecoms Limited - 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 DEALINGS IN SECURITIES IN TERMS OF PARAGRAPHS 3.63 TO 3.74 OF THE JSE 
LIMITED (JSE) LISTINGS REQUIREMENTS                                             
In compliance with paragraph 3.63 - 3.65 of the JSE Listing Requirements, the   
following information, relating to the dealing in securities by a director of a 
major subsidiary of Blue Label, is disclosed:                                   
Name of director:             Sean Kaplan                                       
Designation:                  Director of a major subsidiary                    
Nature of transactions:       Sale of ordinary shares in the market             
Nature of interests:          Direct beneficial                                 
Date of transaction:          17March 2010                                      
Number of shares:             2 000 000                                         
Price of shares:              R4,80                                             
Total value:                  R9 600 000.00                                     
Clearance to deal:            Obtained in advance in accordance with JSE        
Listings Requirements                                                           
Sandton                                                                         
19 March 2010                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 19/03/2010 16:00:01 Supplied by www.sharenet.co.za                     
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