DISTELL GROUP LIMITED - Dealings in securities by directors

Dealings in securities by directors

DISTELL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
ISIN: ZAE000028668
Share Code: DST
(“Distell”)

DEALINGS IN SECURITIES BY DIRECTORS

Executive directors of Distell, directors of Distell Limited and
South   African  Distilleries   and  Wines  (SA)   Limited  (major
subsidiaries of Distell) accepted share appreciation rights
(“SARs”)in respect of Distell ordinary shares on 27 October 2014
at a grant price of R129.00 per SAR, which is based on the closing
price of Distell shares on 24 October 2014.

                COMPANY          NUMBER OF   TOTAL VALUE OF NATURE OF
                                 SARS        TRANSACTION    INTEREST
MJ Botha        Distell          45 300      R5 843 451.00  Direct
                                                            beneficial
L Malan         Distell          13 104      R1 690 259.00  Direct
(company                                                    beneficial
secretary)
W Bührmann      Distell          34 737      R4 480 809.00   Direct
                Limited                                      beneficial
PF Carolin      Distell           7 512      R968 802.00     Direct
                Limited                                      beneficial
VC de Vries     Distell          12 549      R1 618 827.00   Direct
                Limited                                      beneficial
C Gous          Distell          27 237      R3 513 572.00   Direct
                Limited                                      beneficial
D M Hegland     Distell          29 655      R3 825 328.00   Direct
                Limited                                      beneficial
SW Klopper      Distell          29 790      R3 842 841.00   Direct
                Limited                                      beneficial
MG Lambrechts   Distell          30 234      R3 899 881.00   Direct
                Limited                                      beneficial
NT Moodley      Distell          23 181      R2 990 348.00   Direct
                Limited                                      beneficial
K Pillay        Distell          18 615      R2 401 118.00   Direct
                Limited                                      beneficial
CLC Snyman      Distell          27 030      R3 486 764.00   Direct
                Limited                                      beneficial
DM Ullrich      Distell          20 709      R2 671 179.00   Direct
                Limited                                      beneficial
JJ Venter       Distell          30 591      R3 946 222.00   Direct
                Limited                                      beneficial
JP Steyn        South African    15 933      R2 055 282.00   Direct
                Distilleries                                 beneficial
                and Wines (SA)
                Limited

The SARs may be exercised as follows:
  -   up to one third of the SARs may be exercised on or after the
      third anniversary of the date of grant;
  -   up to two thirds of the SARs may be exercised on or after
      the fourth anniversary of the date of grant, to the extent
      that they have not been exercised previously;
  -   all of the SARs may be exercised on or after the fifth
      anniversary of the date of grant, to the extent that they
      have not been exercised previously; and
  -   all SARs must be exercised by the seventh anniversary of the
      date of grant.

Clearance for the above transactions has been obtained, and all
transactions were completed off market.


Stellenbosch
29 October 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 29/10/2014 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.