MTA - Metair Investments Limited - Dealing in Metair securities by a director

MTA - Metair Investments Limited - Dealing in Metair securities by a director   
METAIR INVESTMENTS LIMITED                                                      
Reg No. 1948/031013/06                                                          
(Incorporated in the Republic of South Africa)                                  
Share code : MTA                                                                
ISIN code : ZAE000090692                                                        
("Metair" or "the Company")                                                     
DEALING IN METAIR SECURITIES BY A DIRECTOR                                      
In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited      
("Listings Requirements"), we hereby advise of the following dealing in Metair  
shares (performance shares) by the Managing Director of Metair in terms of The  
Metair Investments Limited 2009 Share Plan, which awards, may be settled in cash
or Metair shares.                                                               
Terms and conditions of the performance shares are:                             
Date of acceptance of award            8 June 2012                              
Total number of performance shares     88 000                                   
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                           50% on 8 June 2016 and 50% on 8 June     
                                      2017                                      
Vesting period                         Performance shares will vest on the      
                                      dates as described above, 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 Metair:       
Director          Company name                   No. of      Nature of          
                                               performance  interest            
shares                           

                                               accepted                         
Mr C.T. Loock     Metair Investments Limited    88 000       Direct             
                                                            beneficial          
Johannesburg                                                                    
11 June 2012                                                                    
Sponsor:                                                                        
One Capital                                                                     
Date: 11/06/2012 14:55:02 Supplied by www.sharenet.co.za                     
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