EXL - Excellerate Holdings Limited - Dealings in securities by directors

EXL - Excellerate Holdings Limited - Dealings in securities by directors        
Excellerate Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/009884/06)                                            
JSE code: EXL     ISIN: ZAE000026092                                            
("Excellerate" or "Company")                                                    
DEALINGS IN SECURITIES BY DIRECTORS                                             
Excellerate shareholders ("Shareholders") are referred to the announcement      
published on the Securities Exchange News Service on 14 November 2011           
("Announcement") regarding dealings in securities by Mr G Hulley and Mr J       
Wellsted ("Directors").                                                         
In the Announcement, Shareholders were advised that Sporting Affair             
Investments 29 (Proprietary) Limited ("Sporting Affair"), a company in which    
the Directors have an interest, had entered into an agreement ("Agreement")     
in terms of which Sporting Affair would acquire ordinary shares in the          
Company ("Shares") from certain of the Company`s shareholders. The transfer     
of the Shares was, in terms of the Agreement, subject to the fulfilment of      
certain conditions precedent ("Conditions Precedent").                          
Shareholders are advised that the Conditions Precedent have now been            
fulfilled and consequently, the Shares have been transferred to Sporting        
Affair.                                                                         
Sandton                                                                         
20 April 2012                                                                   
Sponsor                                                                         
One Capital                                                                     
Date: 20/04/2012 15:41:01 Supplied by www.sharenet.co.za                     
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