MERAFE RESOURCES LIMITED - Dealings in Securities by a Director and Company Secretary of Merafe

Dealings in Securities by a Director and Company Secretary 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 A DIRECTOR AND COMPANY
SECRETARY OF MERAFE

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

In terms of the group Share Incentive Scheme (“Scheme”)
the following grant shares vest on 29 April 2013 and the
company has the right, at its election, either to issue
new shares or settle in cash. The company has opted to
settle the respective grant shares in cash.

Name of director:                  Bruce McBride
Transaction date:                  29 April 2013
Nature of transaction:             Vesting of grant
                                   shares in terms of the
                                   Scheme
Number of shares vested:           415 000
Issued price per share:            Nil
Strike price per share             R0,72
Total value of shares vesting:     R299 281
Total settlement value:            R299 281
Type of trade:                     Off market
Class of security:                 Ordinary shares
Extent of director's
interest in the transaction:       Direct beneficial


Name of company secretary:         Amritha Mahendranath
Transaction date:                  29 April 2013
Nature of transaction:             Vesting of grant
                                   shares in terms of the
                                   Scheme
Number of shares vested:           90 000
Issued price per share:            Nil
Strike price per share:            R0,72
Total value of shares vesting:     R64 904
Total settlement value:            R64 904
Type of trade:                     Off market
Class of security:                 Ordinary shares
Extent of company secretary’s
interest in the transaction:       Direct beneficial
Prior written approval was obtained.

Sandton
30 April 2013

Sponsor:
Merrill Lynch South Africa Proprietary Limited

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