SCL - SacOil Holdings Limited - Dealing in securities by directors

SCL - SacOil Holdings Limited - Dealing in securities by directors              
SacOil Holdings Limited                                                         
Incorporated in the Republic of South Africa                                    
Registration number: 1993/000460/06                                             
Share code: SCL                                                                 
ISIN code: ZAE000127460                                                         
("SacOil" or "the company")                                                     
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rule 3.63 of the JSE Limited Listings Requirements, the      
following information relating to dealing in SacOil shares by directors is      
disclosed:                                                                      
Name of director:            C de Beer                                          
Name of company:             SacOil Holdings Limited                            
Position:                    Financial Director                                 
Date of trade:               15 November 2010                                   
Number of securities:        632 916                                            
Class:                       Ordinary shares                                    
Price:                       R0.29                                              
Total value of the           R183 545.64                                        
transaction:                                                                    
Nature of Transaction:       Issue of shares pursuant to the exercise of        
                            share options                                       
Extent of interest:          Direct beneficial                                  
The above is an on-market transaction. Clearance for these transactions was     
provided in terms of section 3.66 of the JSE Listings Requirements.             
Midrand                                                                         
15 November 2010                                                                
Sponsor                                                                         
BDO Corporate Finance                                                           
Date: 15/11/2010 15:30:01 Supplied by www.sharenet.co.za                     
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