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 I Clark (non-executive
                         director)

Number of shares:        3 020 000

Price:                   R0.70

Total Value:             R2 114 000.00

Date:                    3 July 2012

Class of shares:         Ordinary Shares


Nature of transaction:   Purchase - on market trade


Interest:                Indirect beneficial by Roxichron

                         (Pty) Ltd, a company controlled
                         by Mr Clarka''s trust

Clearance to deal:       Yes


Johannesburg
4 July 2012

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

Date: 04/07/2012 03:42:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.