AET - Alert Steel Holdings Limited - Notification of Share Dealing by

AET - Alert Steel Holdings Limited - Notification of Share Dealing by           
Directors                                                                       
ALERT STEEL HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/005144/06)                                            
JSE code: AET                                                                   
ISIN: ZAE000092847                                                              
("Alert Steel")                                                                 
Notification of Share Dealing by Directors                                      
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings           
Requirements, shareholders are hereby notified that the following nil paid      
letters ("NPL") pertaining to the rights offer of Alert Steel were disposed     
of by an associate of an Alert Steel director on-market.                        
The details are as follows:                                                     
Name of director:              W Schalekamp                                     
Category of director:          Independent Non-Executive                        
                              Director                                          
Name of company:               Alert Steel                                      
Name of Associate of Director: WF & JC Familie Trust                            
Nature of relationship:        Mr Schalekamp is one of three                    
                              trustees and a beneficiary.                       
Date of transaction:           14 June 2012                                     
Price of NPL:                  1 cents                                          
Number of NPL:                 615 217                                          
Total value of NPL:            R6 152.17                                        
Nature of transaction:         Disposal                                         
Interest (direct or indirect): Indirect beneficial                              
Clearance given in terms of                                                     
Paragraph 3.66:                Yes                                              
Shareholders are referred to the SENS announcements dated 13 June 2012 and 14   
June 2012 pertaining to trades by the above-mentioned director and are          
herewith informed that all the dealings were on-market.                         
Pretoria                                                                        
18 June 2012                                                                    
Designated adviser                                                              
QuestCo (Pty) Limited                                                           
Date: 18/06/2012 17:46:05 Supplied by www.sharenet.co.za                     
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