LBH - Liberty Holdings Limited - Directors dealings in securities

LBH - Liberty Holdings Limited - Directors dealings in securities               
Liberty Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
Registration number 1968/002095/06                                              
JSE Share code: LBH                                                             
ISIN: ZAE000127148                                                              
("Liberty" or "the Company")                                                    
CHIEF EXECUTIVE OFFICER`S DEALINGS IN SECURITIES                                
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director                      :    Mr J B Hemphill                              
Name of company               :    Liberty Holdings Limited                     
Date of Transaction           :    2011-03-03                                   
Nature of transaction:             Delivery and disposal of 277 shares on       
                                  vesting of rights granted in terms of the     
Liberty Equity Growth Scheme                  

Option strike price           :    73.21                                        
Award date                    :    2008-02-22                                   
Selling Price                 :    R74.19                                       
Value of this transaction     :    R20,550.63                                   
Extent of interest            :    Direct beneficial                            
Nature of trade               :    On market                                    
Clearance to deal             :    Yes                                          
4 March 2011                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 04/03/2011 16:30:01 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.