PGR - Peregrine Holdings Limited - Dealings in securities by a director

PGR - Peregrine Holdings Limited - Dealings in securities by a director         
Peregrine Holdings Limited                                                      
(Registration number 1994/006026/06)                                            
("Peregrine" or "the company")                                                  
JSE code: PGR ISIN code:ZAE000078127                                            
DEALINGS IN SECURITIES BY A DIRECTOR                                            
Shareholders are advised of the following information relating to the dealing in
securities by a director of Peregrine:                                          
                                                                                
Name of director:                         Sean Alan Melnick                     
Name of group company:                    Peregrine Holdings Limited            
Total number of shares:                   3,000,000                             
Class of shares:                          Ordinary                              
Date of transaction:                      29 November 2011                      
Nature and value of transaction:          Zero cost collar hedge over           
3,000,000 Peregrine shares in 15       

                                         equal tranches of 200 000 each         
                                         with, in each case, a put strike       
                                         price of R9.00 and a call strike       
price of R14.12 and with weekly        

                                         expiry dates from 10 October 2013      
                                         to 16 January 2014                     
Nature and extent of director`s interest: Indirect beneficial                   


Clearance to deal was received in terms of the JSE Listings Requirements.       
30 November 2011                                                                
Sponsor                                                                         
Java Capital                                                                    
Date: 30/11/2011 16:44:13 Supplied by www.sharenet.co.za                     
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