METAIR INVESTMENTS LIMITED - Directors dealing in securiites

Director’s dealing in securiites

METAIR INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Reg No. 1948/031013/06
Share code : MTA
ISIN code : ZAE000090692
(“Metair” or “the Company”)




DIRECTOR’S DEALING IN SECURIITES

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited (“Listings
Requirements”), we hereby advise of the following acceptance of the share appreciation
rights (“SARs”), which may be settled in cash or Metair shares, in terms of The Metair
Investments Limited 2009 Share Plan by a director of one of the Company’s major
subsidiaries.

The terms and conditions of the SARs are:

Director of subsidiary                   Mr M. Mahlanu
Company name                             Metindustrial (Pty) Ltd
Date of allocation                       20 November 2012
Number of SARs Accepted                  2 572
Price paid per SAR                       Nil
Total value of transaction               Nil
Allocation price per SAR                 R30.72
Nature of transaction                    Acceptance of SAR awards
First vesting date                       20 November 2015
Vesting period                           In equal thirds on the 3rd, 4th and 5th
                                         anniversaries but need not be exercised until
                                         the 6th anniversary
Nature of interest                       Direct beneficial
Transaction completed on market          No
Clearance obtained in terms of paragraph Yes
3.66 of the Listings Requirements



Johannesburg
20 November 2012


Sponsor: One Capital

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