DIRECTORS DEALINGS

BSI STEEL Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(a''BSIa'' or "the company")

DEALING IN SECURITIES BY DIRECTORS


In compliance with the terms of paragraph 3.63 to 3.74 of

the Listings Requirements of the JSE Limited, the company

hereby discloses the following directora''s dealings in the
companya''s shares:


Name:                    Mr    Craig   Parry     (executive
                         director)

Number of shares:        3 000 000

Price:                   R0.70

Total Value:             R2 100 000

Date:                    3 July 2012

Class of shares:         Ordinary Shares


Nature of transaction:   Disposal - on market trade


Interest:                Indirect beneficial (Craig Parry

                         Family Trust- Mr C Parry is a
                         trustee of the trust)

Clearance to deal:       yes


Johannesburg
4 July 2012

Designated Advisor
Sasfin Capital
(A division of Sasfin Bank Limited)

Date: 04/07/2012 03:35:00 Supplied by www.sharenet.co.za                     
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