ISB - Insimbi - Director`s nature of interest change

ISB - Insimbi - Director`s nature of interest change                            
Insimbi Refractory and Alloy Supplies Limited                                   
(Formerly Insimbi Alloy Supplies (Proprietary) Limited)                         
(Registration number 2002/029821/06)                                            
JSE share code:  ISB                                                            
ISIN Number:  ZAE000116828                                                      
("Insimbi" or "the company")                                                    
Director`s nature of interest change                                            
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listings Requirements,  
Insimbi wishes to disclose the following information:                           
Company Chairman         : D.J. O`Connor                                        
Number of shares         : 7,500,000                                            
Date of transaction      : 08 September 2010                                    
Closing Price per                                                               
share (08/09/2010)       : 47 cents                                             
Value                    : R3,525,500                                           
Class of shares          : Ordinary                                             
Nature of transaction    : transfer from own name to the Danny O`               
                          Connor Family Trust                                   
Nature of interest       : From direct to Indirect Beneficial                   
Clearance obtained       : N/A                                                  
Wadeville                                                                       
11 March 2011                                                                   
Designated Adviser                                                              
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 11/03/2011 17:00:01 Supplied by www.sharenet.co.za                     
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