TRE - Trencor Limited - Exercise of options and subsequent sale of securities by

TRE - Trencor Limited - Exercise of options and subsequent sale of securities by
a director                                                                      
TRENCOR LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1955/002869/06)                                           
ISIN: ZAE000007506                                                              
Share Code: TRE                                                                 
EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY A DIRECTOR             
In compliance with the Listings Requirements of the JSE Limited, the following  
information is disclosed:                                                       
Director                      :    HR van der Merwe                             
Company                       :    Trencor Limited                              
Date of transaction           :    23 December 2011                             
Nature of transaction         :    Off market exercise of options               
Class of securities           :    Options in respect of ordinary shares        
Number of options exercised   :    15 900                                       
Option strike price           :    R12,10                                       
Total value of transaction    :    R192 390                                     
Nature of                                                                       
director`s interest           :    Indirect beneficial                          
Clearance obtained            :    Yes                                          
Date of transaction           :    23 December 2011                             
Nature of transaction         :    On market sale of shares                     
Class of securities           :    Ordinary shares                              
Number of securities          :    15 900                                       
Highest price                 :    R37,00                                       
Lowest price                  :    R36,71                                       
Average price                 :    R36,73                                       
Total value of transaction    :    R584 007                                     
Nature of                                                                       
director`s interest           :    Indirect beneficial                          
Clearance obtained            :    Yes                                          
Cape Town                                                                       
23 December 2011                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 23/12/2011 11:46:28 Supplied by www.sharenet.co.za                     
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