Director's Dealing

CONVERGENET HOLDINGS LIMITED

           Incorporated in the Republic of South Africa

               (Registration number 1998/015580/06)

              Share code: CVN     ISIN: ZAE000102067

                 (a''ConvergeNeta'' or a''the companya'')


                        DIRECTORa''S DEALING



In compliance with rules 3.63 a'' 3.74 of the JSE Listing

Requirements, the following dealing in the securities of the
company by a director is disclosed below:

Name of director:                        S Swana

Name of company:                         ConvergeNet

Date of transaction:                     28 June 2012

Class of securities:                     Ordinary shares
Number of securities:                    391 073

Purchase price:                          R0.26 per share

Total value of transaction:              R101 678.98
Nature of transaction:                   Purchase

Nature of interest:                      Direct beneficial
Extent of interest on ordinary shares:   0.04%
Nature of trade:                         On market
Clearance obtained:                      Yes

Johannesburg
3 July 2012

Sponsors
Arcay Moela Sponsors (Pty) Ltd

Date: 03/07/2012 02:30:00 Supplied by www.sharenet.co.za                     
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