ELR - ELB Group Limited - Dealing in securities by a director of a major

ELR - ELB Group Limited - Dealing in securities by a director of a major        
subsidiary                                                                      
ELB GROUP LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1930/002553/06                                            
ISIN: ZAE000035101                                                              
Share Code: ELR                                                                 
("ELB")                                                                         
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                       
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                      :    Cornelius Johannes Smith                     
Company                       :    ELB Equipment Limited                        
Date of transaction           :    15 December 2011                             
Nature of transaction         :    Off market exercise of options granted       
in terms of the ELB Executive Share Incentive 

                                  Scheme 2010                                   
Class of securities :              Options in respect of ordinary shares        
Number of options             :    22,000                                       
Option strike price           :    1353 cents per share                         
Vesting                       :    Immediate upon exercise of    options        
Total value of transaction    :    R297 660                                     
Nature of interest            :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Boksburg                                                                        
19 December 2011                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 19/12/2011 10:17:01 Supplied by www.sharenet.co.za                     
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