FWX - Foneworx Holdings Limited - Dealings in securities by a director

FWX - Foneworx Holdings Limited - Dealings in securities by a director          
FONEWORX HOLDINGS LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1997/010640/06)                                            
Share code: FWX     ISIN: ZAE000086237                                          
DEALINGS IN SECURITIES BY A DIRECTOR                                            
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:                  Mr Robert Russell                            
Company:                           FoneWorx Holdings Limited                    
Class of securities:               Ordinary shares                              
Clearance to deal obtained:        Yes                                          
Nature of the transaction:         Sale of shares on market                     
Date of transaction:               12 December 2011     13 December 2011        
Price per security:                R0.90                R0.90                   
The allocated A linked units will be transferred to successful applicants on    
a `delivery-versus-payment` basis on the date of listing being Wednesday, 14    
December 2011.                                                                  
Accordingly, 26,182,351 Synergy A linked units and 60 000 000 Synergy B