BEL - Bell Equipment Limited - Exercise Of Options By Director

BEL - Bell Equipment Limited - Exercise Of Options By Director                  
BELL EQUIPMENT LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 1968/013656/06                                              
Share Code: BEL & ISIN: ZAE000028304                                            
EXERCISE OF OPTIONS BY DIRECTOR                                                 
In compliance with the JSE Listings Requirements, the following information is  
disclosed:                                                                      
Director                      :    GW Bell (Chief Executive)                    
Date of transaction           :    24 June 2008                                 
Nature of transaction         :    Exercise of share options                    
Number of options exercised   :    90,600                                       
Option strike price           :    R25,25                                       
Value of transaction          :    R2 287 650,00                                
Vesting                       :    Immediate full vesting                       
Class of shares               :    Ordinary shares of no par value              
Nature and extent of interest :    Direct beneficial                            
Clearance for exercise was obtained.                                            
Richards Bay                                                                    
25 June 2008                                                                    
SPONSOR                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 25/06/2008 14:22:01 Supplied by www.sharenet.co.za                     
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