BSS - BSI Steel Limited - Dealing in securities by a director

BSS - BSI Steel Limited - Dealing in securities by a director                   
BSI STEEL Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/023164/06)                                            
JSE code: BSS                                                                   
ISIN: ZAE000125134                                                              
("the company")                                                                 
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with the terms of paragraph 3.63 to 3.74 of the Listings          
Requirements of the JSE Limited, the Company hereby discloses the following     
director`s dealings in the Company`s shares:                                    
Name:                    Mr Butana Khoza (non-executive director)               
Number of shares:        240 000                                                
Price:                   R0.55                                                  
Total Value:             R132 000                                               
Date:                    17 May 2010                                            
Class of shares:         Ordinary Shares                                        
Nature of transaction:   Disposal - on market trade                             
Interest:                Indirect beneficial                                    
No written permission to deal was obtained as the disposal was undertaken by    
the broker without the knowledge of Mr B Khoza.                                 
Johannesburg                                                                    
5 July 2011                                                                     
Designated Advisor                                                              
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 05/07/2011 14:38:01 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.