METAIR INVESTMENTS LIMITED - Directors' dealings

Directors' dealings

METAIR INVESTMENTS LIMITED
Reg No. 1948/031013/06
JSE code: MTA
ISIN: ZAE 000090692
(Incorporated in the Republic of South Africa)
(“Metair” or “the Company”)

DIRECTORS’ DEALINGS


In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following off-market transactions are hereby disclosed:

Metair shareholders are referred the announcement published by the Company on 28 November
2012 wherein details of a scrip lending arrangement were provided (“Announcement”). As more
fully described in the Announcement, certain of the directors of Metair and its major subsidiaries
(“Option Holders”) entered into a scrip lending arrangement with a third party (“Lender”) in terms
of which the Option Holders received Metair ordinary shares (“Shares”) which they disposed of
immediately in an arranged off-market trade. On 7 December 2012, the Option Holders received
Shares through the vesting and contemporaneous exercise of instruments (“Options”) held by
them in accordance with the Metair 2009 Share Plan (“Share Plan”) at no cost. All or a portion of
the Shares received through the exercise of Options were utilised to return Shares to the Lender in
terms of the scrip lending arrangement.

Details of the Shares received by the Option Holders through the exercise of Options and the
related return of Shares by Option Holders to the Lender are provided below:

Date of transaction:                7 December 2012
Nature of transaction:              Exercise of Options at no cost and return of Shares to the Lender
Class of security:                  Shares
Written clearance to deal:          Yes


                                                                 No. of Shares    Value of Shares
                                                 No. of Shares      received          received       Extent of
Director              Company name                returned to     through the       through the       interest
                                                    Lender         exercise of      exercise of
                                                                 Options at no       Options *
                                                                      cost
Dr Louis Denner       Metindustrial (Pty) Ltd          198 627          200 372     R6 125 372.04   Direct
                                                                                                    beneficial
Mr Andrew Clement                                       59 808          59 915      R1 831 601.55   Direct
Gordon Webb           Metindustrial (Pty) Ltd                                                       beneficial
Mr Gerard Louis                                        149 024         151 908      R4 643 827.56   Direct
Laubscher             Metindustrial (Pty) Ltd                                                       beneficial
Mr Martin John                                          62 049          62 160      R1 900 231.20   Direct
Slattery              Metindustrial (Pty) Ltd                                                       beneficial
Mr Russell Fredrick                                     63 047          63 160      R1 930 801.20   Direct
Bezuidenhout          Metindustrial (Pty) Ltd                                                       beneficial
Mrs Hayley Donne                                        66 870          66 989      R2 047 853.73   Direct
Mclachlan             Metindustrial (Pty) Ltd                                                       beneficial
Mr Andre Johann                                        235 474         237 341      R7 255 514.37   Direct
Becker                Metindustrial (Pty) Ltd                                                       beneficial
Mr Bunwarie Sivlal    Metindustrial (Pty) Ltd          121 921         122 780      R3 753 384.60   Direct
                                                                                                    beneficial
Mr Colin Robert                                                37 725             75 624        R2 311 825.68      Direct
Ellison                  Metindustrial (Pty) Ltd                                                                   beneficial
Mr Mark Eric Barley                                          116 704             117 551        R3 593 534.07      Direct
                         Metindustrial (Pty) Ltd                                                                   beneficial
Mr Brian Michael                                             305 668             309 071        R9 448 300.47      Direct
Jacobs                   Metair                                                                                    beneficial
Mr Cornelius                                                 611 165             618 014       R18 892 687.98      Direct
Theodorus Loock          Metair                                                                                    beneficial
Mr Jean Esterhuizen      Smiths Manufacturing                127 909             128 876        R3 939 739.32      Direct
                         (Pty) Ltd                                                                                 beneficial
Mr Kenneth Edward        Smiths Manufacturing                245 010             246 908        R7 547 977.56      Direct
Lello                    (Pty) Ltd                                                                                 beneficial
Mr Timothy James         Smiths Manufacturing                130 448             131 327        R4 0146 66.39      Direct
Lane                     (Pty) Ltd                                                                                 beneficial

* : As a result of no consideration being payable for the Shares received through the exercise of Options, this amount
has been calculated using the closing price of a Share as at 6 December 2012 being R30.57 per Share.

Johannesburg
10 December 2012

Sponsor:
One Capital

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