MTA - Metair Investments Limited - Dealings in Metair securities by directors

MTA - Metair Investments Limited - Dealings in Metair securities by directors   
METAIR INVESTMENTS LIMITED                                                      
Reg No. 1948/031013/06                                                          
(Incorporated in the Republic of South Africa)                                  
Share code : MTA                                                                
ISIN code : ZAE 000090692                                                       
("Metair" or "the Company")                                                     
DEALINGS IN METAIR SECURITIES BY DIRECTORS                                      
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited      
("Listings Requirements"), we hereby advise of the following dealings in        
Metair shares (bonus shares and performance shares) by a director of a major    
subsidiary of Metair in terms of The Metair Investments Limited 2009 Share      
Plan, which awards, may be settled in cash or Metair shares.                    
The terms and conditions of the bonus shares are:                               
Date of acceptance of award            10 May 2012                              
Total number of bonus shares           100 000                                  
Price paid per bonus share             Nil                                      
Total value of transaction             Nil                                      
Class of securities                    Bonus shares over ordinary shares        
Nature of transaction                  Acceptance of awards                     
Vesting date                           4 April 2015                             
Vesting Period                         100% vesting on the 3rd anniversary      
                                      of the award                              
Transaction completed on market        No                                       
Clearance obtained in terms of         Yes                                      
paragraph 3.66 of the Listings                                                  
Requirements                                                                    
The bonus shares were accepted by the following director of a major subsidiary  
of Matair:                                                                      
Director          Company name                   No. of     Nature of           
                                               bonus       interest             
shares                           

                                               accepted                         
Mr T. Lane        Smiths Manufacturing (Pty)    100 000     Direct              
                 Ltd                                       beneficial           
Terms and conditions of the performance shares are:                             
Date of acceptance of award            10 May 2012                              
Total number of performance shares     50 000                                   
Price paid per performance share       Nil                                      
Total value of transaction             Nil                                      
Class of securities                    Performance shares over ordinary         
                                      shares                                    
Nature of transaction                  Acceptance of awards                     
Vesting date                           4 April 2015                             
Vesting period                         Performance shares will vest on the      
                                      3rd anniversary of their award to the     
                                      extent that the Company has met           
specified performance criteria over       

                                      the intervening period                    
Transaction completed on market        No                                       
Clearance obtained in terms of         Yes                                      
paragraph 3.66 of the Listings                                                  
Requirements                                                                    
The performance shares were accepted by the following director of a major       
subsidiary of Metair:                                                           
Director          Company name                   No. of      Nature of          
                                               performance  interest            
                                               shares                           
                                               accepted                         
Mr T. Lane        Smiths Manufacturing (Pty)    50 000       Direct             
                 Ltd                                        beneficial          
Johannesburg                                                                    
11 May 2012                                                                     
Sponsor:                                                                        
One Capital                                                                     
Date: 11/05/2012 10:24:03 Supplied by www.sharenet.co.za                     
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