directors dealings ESORFRANKI LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/000732/06) JSE code: ESR ISIN: ZAE000133369 ("the company") DIRECTORS' DEALINGS On 24 August 2012, the company will issue EFC04 notes out of its R1 billion Domestic Medium Term Note Programme ("Notes"). In terms of paragraphs 3.63 to 3.70 of the JSE Limited Listings Requirements, the following information relating to the subscription for Notes by directors (including the subscription of such Notes by a director of a major subsidiary) which will be issued and settled on 24 August 2012, are disclosed: Name of executive director: Bernard Krone (executive director) Nature of transaction: Subscription for 5 Notes for R1 million each Effective date of transaction: 24 August 2012, being the proposed date of initial listing of the Notes on the JSE's Interest Rate Market Total value: R5 million Class of securities: Notes to be listed on the JSE's Interest Rate Market under ISIN ZAG000097874 Interest in transaction: Direct beneficial Clearance to deal: Yes Where traded: Off-market Name of executive director: Andrew Brookstein (executive director) Nature of transaction: Subscription for 5 Notes for R1 million each Effective date of transaction: 24 August 2012, being the proposed date of initial listing of the Notes on the JSE's Interest Rate Market Total value: R5 million Class of securities: Notes to be listed on the JSE's Interest Rate Market under ISIN ZAG000097874 Interest in transaction: Direct beneficial Clearance to deal: Yes Where traded: Off-market Name of director: Richard Maynard Name of subsidiary of which a director: Esorfranki Construction (Pty) Limited Nature of transaction: Subscription for 5 Notes for R1 million each Effective date of transaction: 24 August 2012, being the proposed date of initial listing of the Notes on the JSE's Interest Rate Market Total value: R5 million Class of securities: Notes to be listed on the JSE's Interest Rate Market under ISIN ZAG000097874 Interest in transaction: Direct beneficial Clearance to deal: Yes Where traded: Off-market Sandton 21 August 2012 Sponsor Vunani Corporate Finance Debt Sponsor Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays) Date: 21/08/2012 12:45:00 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.