SEP - Notification of Share Dealing by Directors and Associates of Directors of

SEP - Notification of Share Dealing by Directors and Associates of Directors of 
Sephaku Holdings                                                                
Sephaku Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/003306/06)                                           
Share code: SEP                                                                 
ISIN: ZAE000138459                                                              
("Sephaku Holdings" or "the company")                                           
Notification of Share Dealing by Directors and Associates of Directors of       
Sephaku                                                                         
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings           
Requirements shareholders are hereby notified that Sephaku Holdings shares were 
sold in the open market by two of the Company`s board directors and an associate
to each director. The details are as follows:                                   
Name of director:             Dr. Gil Mahlati                                   
Category of director:         Non-executive                                     
Name of company:              Sephaku Holdings                                  
Date of transaction:          10 December 2010                                  
Price of securities:          R3.60 per share                                   
Number of securities:         200 000 (two hundred thousand)                    
Total value of securities:    R 720 000                                         
Class of securities:          Ordinary shares                                   
Nature of transaction:        Sale of ordinary shares                           
Interest (direct or indirect) Direct beneficial                                 
Clearance given in terms of                                                     
Paragraph 3.66                Yes                                               
Name of associate:            Mrs V. Mahlati (Spouse)                           
Name of director:             Dr. Gil Mahlati                                   
Category of director:         Non-executive                                     
Name of company:              Sephaku Holdings                                  
Date of transaction:          10 December 2010                                  
Price of securities:          R3.60 per share                                   
Number of securities:         100 000 (one hundred thousand)                    
Total value of securities:    R 360 000                                         
Class of securities:          Ordinary shares                                   
Nature of transaction:        Sale of ordinary shares                           
Interest (direct or indirect) Direct beneficial                                 
Clearance given in terms of                                                     
Paragraph 3.66                Yes                                               
Name of director:             Dr. Lelau Mohuba                                  
Category of director:         Chairman                                          
Name of company:              Sephaku Holdings                                  
Date of transaction:          10 December 2010                                  
Price of securities:          R3.60 per share                                   
Number of securities:         200 000 (two hundred thousand)                    
Total value of securities:    R 720 000                                         
Class of securities:          Ordinary shares                                   
Nature of transaction:        Sale of ordinary shares                           
Interest (direct or indirect) Indirect beneficial (Lelau Mohuba Trust)          
Clearance given in terms of                                                     
Paragraph 3.66                Yes                                               
Name of associate:            Mrs S. Mohuba (Spouse)                            
Name of director:             Dr. Lelau Mohuba                                  
Category of director:         Chairman                                          
Name of company:              Sephaku Holdings                                  
Date of transaction:          10 December 2010                                  
Price of securities:          R3.60 per share                                   
Number of securities:         100 000 (one hundred thousand)                    
Total value of securities:    R 360 000                                         
Class of securities:          Ordinary shares                                   
Nature of transaction:        Sale of ordinary shares                           
Interest (direct or indirect) Direct beneficial                                 
Clearance given in terms of                                                     
Paragraph 3.66                Yes                                               
14 December 2010                                                                
Sponsor and corporate advisor to Sephaku Holdings                               
QuestCo                                                                         
Date: 14/12/2010 15:15:02 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.