AFT - Afrimat Limited - Dealings by Director`s and Company Secretary

AFT - Afrimat Limited - Dealings by Director`s and Company Secretary            
Afrimat Limited                                                                 
Incorporated in the Republic of South Africa                                    
(Registration number: 2006/022534/06)                                           
Share code: AFT ISIN: ZAE000086302                                              
("Afrimat" or "the Company")                                                    
DIRECTOR`S DEALINGS AND COMPANY SECRETARY DEALINGS                              
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of       
the JSE Limited, the following information is disclosed:                        
Name of Director:             Hendrik Verreynne (Financial Director of          
                             Afrimat Limited)                                   
Class of securities:          Ordinary shares                                   
Nature of transaction:        Receipt of shares as settlement of vested         
                             rights in the Afrimat Share Appreciation           
                             Rights scheme (Off market transaction)             
Date of transaction:          18 May 2012                                       
Price per share:              R 5.84                                            
Number of shares:             256 438                                           
Total value:                  R 1 497 597.92                                    
Nature of interest:           Direct beneficial                                 
Name of Director:             Hendrik Verreynne (Financial Director of          
                             Afrimat Limited)                                   
Class of securities:          Ordinary shares                                   
Nature of transaction:        Disposal of shares to settle tax liability        
                             relating to vested rights in the Afrimat Share     
                             Appreciation Rights scheme (Off market             
                             transaction)                                       
Date of transaction:          18 May 2012                                       
Price per share:              R 5.84                                            
Number of shares:             102 575                                           
Total value:                  R 599 038.00                                      
Nature of interest:           Direct beneficial                                 
Clearance was given in terms of paragraph 3.66 of the Listings Requirements     
of the JSE Limited.                                                             
Name of Company Secretary:    Pieter De Wit (Company Secretary of Afrimat       
Limited)                                                                        
Class of securities:          Ordinary shares                                   
Nature of transaction:        Receipt of shares as settlement of vested         
                             rights in the Afrimat Share Appreciation           
Rights scheme (Off market transaction)             

Date of transaction:          18 May 2012                                       
Price per share:              R 5.84                                            
Number of shares:             32 877                                            
Total value:                  R 192 001.68                                      
Nature of interest:           Direct beneficial                                 
Name of Company Secretary:    Pieter De Wit (Company Secretary of Afrimat       
                             Limited)                                           
Class of securities:          Ordinary shares                                   
Nature of transaction:        Disposal of shares to settle tax liability        
                             relating to vested rights in the Afrimat Share     
                             Appreciation Rights scheme (Off market             
transaction)                                       

Date of transaction:          18 May 2012                                       
Price per share:              R 5.84                                            
Number of shares:             13 151                                            
Total value:                  R 76 801.84                                       
Nature of interest:           Direct beneficial                                 
Clearance was given in terms of paragraph 3.66 of the Listings Requirements     
of the JSE Limited.                                                             
18 May 2012                                                                     
Cape Town                                                                       
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 18/05/2012 12:53:00 Supplied by www.sharenet.co.za                     
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