HULAMIN LIMITED - Exercise of SARS and subsequent sale of shares by Company Secretary

Exercise of SARS and subsequent sale of shares by Company Secretary

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
(“Hulamin”)

EXERCISE OF SARS AND SUBSEQUENT SALE OF SHARES BY COMPANY
SECRETARY

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Company Secretary:                   W Fitchat
Company:                             Hulamin Limited
Nature of transaction:               Off market exercise of share
                                     appreciation rights (“SARS”)
                                     and subsequent on market sale
                                     of shares
Date of exercise:                    9 March 2015
Class of securities:                 SARS in respect of ordinary
                                     shares
Hulamin SAR strike price:            R6.91
Strike date:                         25 May 2011
Number of SARS exercised:            116 877 Hulamin SARS settled
                                     by the purchase of 25 620
                                     Hulamin ordinary shares of
                                     which 10 760 were subsequently
                                     sold on market
Date of sale:                        9 March 2015
Selling Price:                       R8.74
Value of sale:                       R94 042.40

Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes

Pietermaritzburg
10 March 2015

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

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