RLO - Reunert Ltd - Acceptance of options by directors

RLO - Reunert Ltd - Acceptance of options by directors                          
REUNERT LTD                                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1913/004355/06)                                           
ISIN: ZAE000057428                                                              
Share Code: RLO                                                                 
("Reunert" or "the Group" or "the Company")                                     
ACCEPTANCE OF OPTIONS BY DIRECTORS                                              
The following directors of the Company and its major subsidiaries have been     
granted, and accepted options in terms of the Reunert 2006 share scheme.        
Accordingly, in compliance with the JSE Limited Listings Requirements, the      
following information is disclosed:                                             
Date of transactions          :    24 May 2011                                  
Nature of transactions        :    Grant and acceptance of share options in     
                                  respect of the Reunert 2006 share scheme      
Class of securities           :    Options in respect of ordinary shares        
Period of exercise            :    3 years                                      
Vesting                       :    On exercise of the options                   
Nature of                                                                       
directors` interests          :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Transactions completed        :    Off market                                   
Director                      :    NC Wentzel                                   
Company                       :    Reunert Limited                              
Number of options accepted    :    110 000                                      
Option strike price           :    R59.55                                       
Total value of transaction    :    R6 550 500                                   
Director                      :    DJ Rawlinson                                 
Company                       :    Reunert Limited                              
Number of options accepted    :    47 000                                       
Option strike price           :    R59.55                                       
Total value of transaction    :    R2 798 850                                   
Director                      :    BP Gallagher                                 
Company                       :    Reunert Limited                              
Number of options accepted    :    48 000                                       
Option strike price           :    R59.55                                       
Total value of transaction    :    R2 858 400                                   
Director                      :    GJ Oosthuizen                                
Company                       :    Reunert Limited                              
Number of options accepted    :    42 000                                       
Option strike price           :    R59.55                                       
Total value of transaction    :    R2 501 100                                   
Director                      :    C Radley                                     
Company                       :    Nashua Mobile (A major subsidiary of Reunert)
Number of options accepted    :    24 000                                       
Option strike price           :    R59.55                                       
Total value of transaction    :    R1 429 200                                   
Director                      :    A Baker                                      
Company                       :    Nashua Mobile (A major subsidiary of Reunert)
Date of transaction           :    24 May 2011                                  
Nature of transaction         :    Options issued w.r.t appointment as Group CEO
Class of securities           :    Options in respect of ordinary shares        
Number of options accepted    :    120 000                                      
Option strike price           :    R56.00                                       
Total value of transaction    :    R6 720 000                                   
Period of exercise            :    3 years                                      
Vesting                       :    On exercise of the options                   
Nature of                                                                       
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Transaction completed         :    Off market                                   
Sandton                                                                         
25 May 2011                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 25/05/2011 10:00:01 Supplied by www.sharenet.co.za                     
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