HDC - Hudaco Industries Limited - Director`s Dealing in securities

HDC - Hudaco Industries Limited - Director`s Dealing in securities              
Hudaco Industries Limited                                                       
("Hudaco" or "the company")                                                     
Incorporated in the Republic of South Africa                                    
Registration number: 1985/004617/06                                             
Share code: HDC                                                                 
ISIN code: ZAE000003273                                                         
DIRECTOR`S DEALING IN SECURITIES                                                
Name of the company :  Hudaco                                                   
                                                                                
Name of director    :  SJ Connelly                                              


Designation         :  Chief executive                                          
                                                                                
Date of transaction :  14 February 2012                                         


Nature of           :  1. Exercise of 175 000 share appreciation                
transactions              rights with a strike price of R39.75 at               
                         a VWAP price of R104.92 and settled by                 
the delivery of 108 699 Hudaco ordinary                

                         shares (off market)                                    
                                                                                
                      2. Sale of 108 699 Hudaco ordinary shares                 
at the current market price of R107.35                 

                         per share (on market).                                 
                         These shares were acquired by                          
                         exercising the share appreciation                      
rights mentioned in 1 above                            

                                                                                
Value of            :  R11 668 837.65                                           
transactions                                                                    


Nature of interest  :  Direct beneficial                                        
                                                                                
Clearance obtained  :  Yes                                                      
Johannesburg                                                                    
14 February 2012                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 14/02/2012 13:32:12 Supplied by www.sharenet.co.za                     
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