BSI STEEL LIMITED - Dealings in securities by an associate of a Director

Dealings in securities by an associate of 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 AN ASSOCIATE OF 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
an associate of a director:

Name of director:                      Mr William Battershill

Designation:                           Chairman and Chief Executive Officer of BSI

Name of associate and relationship     Battershill Investments (Pty) Ltd (“BI”) – of
with director:                         which Mr Battershill is a director and the
                                       shares of which are held by the Longfellow
                                       Trust – 50% (of which Mr Battershill is a
                                       trustee and beneficiary) and by the Denbigh
                                       Trust – 50% (of which Mr Battershill is a
                                       trustee and beneficiary)

Date of transaction:                   24 August 2015

Nature of transaction:                 On market purchase of BSI securities

Class of securities:                   Ordinary shares

Nature of interest:                    Indirect beneficial

Number of securities:                  250 000

Price per security:                    R0.47

Value of transaction:                  R117 500

Date of transaction:                   25 August 2015

Nature of transaction:                 On market purchase of BSI securities

Class of securities:                   Ordinary shares

Nature of interest:                    Indirect beneficial

Number of securities:                  405 000

Price per security:                    R0.47

Value of transaction:                  R190 350

Clearance obtained:                    Not applicable


Johannesburg
27 August 2015

Designated Advisor
Sasfin Capital
(A division of Sasfin Bank Limited)

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