BSI STEEL LIMITED - Dealing in securities

Dealing in securities

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 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
a director:

Name of director:                      Mr Nigel Payne

Designation:                           Independent Non-Executive director of BSI

Date of transactions:                  28 June 2016

Volume weighted average price
(cents):                               43.90

Number of securities transacted:       258 339

Value of transactions:                 R113 399.25

Highest price (cents):                 45
Lowest price (cents):                  43

Date of transactions:                  29 June 2016

Volume weighted average price          45.96
(cents):

Number of securities transacted:       36 265

Value of transactions:                 R16 667.25

Highest price (cents):                 46
Lowest Price:                          45

Nature of transactions:                Purchase of BSI securities – On Market

Class of securities:                   Ordinary shares

Nature of interest:                    Directly beneficial

Clearance obtained:                    Yes
Johannesburg
30 June 2016

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

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