PGR - Peregrine Holdings Limited - Dealings in securities by a director

PGR - Peregrine Holdings Limited - Dealings in securities by a director         
Peregrine Holdings Limited                                                      
(Registration number 1994/006026/06)                                            
("Peregrine" or "the company")                                                  
JSE code: PGR    ISIN code: ZAE000078127                                        
DEALINGS IN SECURITIES BY A DIRECTOR                                            
Shareholders are advised of the following information relating to the dealing in
securities by a director of Peregrine:                                          
                                                                                
Name of director:            Sean Alan Melnick                                  
Name of group company:       Peregrine Holdings Limited                         
Total number of shares:      3,600,000                                          
Class of shares:             Ordinary                                           
Nature and extent of         Indirect beneficial                                
affected person`s interest:                                                     
Nature of transaction:       Purchase of call options in                        
                            respect of 3,600,000 Peregrine                      
                            shares at a call strike price of                    
                            R14,23 (with weekly expiry dates,                   
in 18 equal tranches of 200,000,                    

                            from 18 July 2011 to 14 November                    
                            2011), previously written in terms                  
                            of the zero cost collar hedge                       
announced on SENS on 15 September                   

                            2009                                                
Nature and extent of         Indirect beneficial                                
affected person`s interest:                                                     
Clearance to deal was received in terms of the JSE Listings Requirements.       
8 February 2011                                                                 
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
Date: 08/02/2011 08:59:56 Supplied by www.sharenet.co.za                     
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