1TM - 1time holdings Limited - Dealings in securities by a director of a major

1TM - 1time holdings Limited - Dealings in securities by a director of a major  
subsidiary                                                                      
1time holdings Limited                                                          
Incorporated in the Republic of South Africa                                    
(Registration number 1999/017536/06)                                            
Share code: 1TM     ISIN: ZAE000102026                                          
DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                      
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings     
Requirements of JSE Limited, the following is disclosed:                        
Name of director:                 Graham Paterson                               
Company:                          1time airline (Proprietary) Limited           
Date of transaction:              16 May 2011                                   
Class of securities:              Ordinary shares                               
Clearance to deal obtained:       Yes                                           
Nature of the transaction:        On market sale of                             
shares                                         

Extent of director`s interest:    Direct beneficial                             
Price per security:               R0.60                                         
Number of securities:             25 000                                        
Total value:                      R15 000.00                                    
Johannesburg                                                                    
19 May 2011                                                                     
Sponsor                                                                         
Merchantec Capital                                                              
Date: 19/05/2011 17:07:00 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.