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 24 February 2014
at a grant price of R139.00 per SAR, which is based on the closing
price of Distell shares on 20 February 2014.

              COMPANY        NUMBER OF   TOTAL VALUE OF NATURE OF
                             SARS        TRANSACTION    INTEREST
MJ Botha      Distell        38 826      R5 396 814.00  Direct
                                                        beneficial
RM Rushton    Distell        342 834     R47 653 926.00 Direct
                                                        beneficial
W Bührmann    Distell        33 258      R4 622 862.00  Direct
              Limited                                   beneficial
PF Carolin    Distell        11 373      R1 580 847.00  Direct
              Limited                                   beneficial
VC de Vries   Distell        4 596       R638 844.00    Direct
              Limited                                   beneficial
DJ Gallow     Distell        13 365      R1 857 735.00  Direct
              Limited                                   beneficial
C Gous        Distell        5 361       R745 179.00    Direct
              Limited                                   beneficial
D M Hegland   Distell        3 681       R511 659.00    Direct
              Limited                                   beneficial
SW Klopper    Distell        17 415      R2 420 685.00  Direct
              Limited                                   beneficial
MG            Distell        4 485       R623 415.00    Direct
Lambrechts    Limited                                   beneficial
NT Moodley    Distell        6 294       R874 866.00    Direct
              Limited                                   beneficial
K Pillay      Distell        12 342      R1 715 538.00  Direct
              Limited                                   beneficial
CLC Snyman    Distell        4 188       R582 132.00    Direct
              Limited                                   beneficial
JJ Venter     Distell        4 527       R629 253.00    Direct
              Limited                                   beneficial
JP Steyn      South          3 567       R495 813.00    Direct
              African                                   beneficial
              Distilleries
              and Wines (S
              A) 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
25 February 2014

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

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