SACOIL HOLDINGS LIMITED - Disclosure of disposal of securities

Disclosure of disposal of securities

SACOIL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE share code: SCL AIM share code: SAC
ISIN: ZAE000127460
(“SacOil” or “the Company”)

DISCLOSURE OF DISPOSAL OF SECURITIES

In accordance with the Johannesburg Stock Exchange (“JSE”) Limited Listings Requirements and
Section 122(1) of the Companies Act, No 71 of 2008, shareholders are advised that Peregrine
Equities (Pty) Ltd (“Peregrine Equities”) has notified SacOil that it has disposed of a beneficial
interest in securities of the Company, such that the total beneficial interest of SacOil securities held
by Peregrine Equities is now 4.59% of the total issued SacOil securities.

As required in terms of section 122(3)(a) of the Companies Act, SacOil has filed the required notice
with the Takeover Regulation Panel.

24 October 2012
Johannesburg

ENDS

JSE Sponsor
Nedbank Capital

For further information please contact:

finnCap Limited (Nominated Adviser and Broker)                        +44 (0) 20 7220 0500
Matthew Robinson / Christopher Raggett

First Energy Capital (Joint Broker UK)                                +44 (0) 20 7448 0200
Majid Shafiq
Travis Inlow

GMP Securities Europe LLP (Joint Broker UK)                           +44 (0) 20 7647 2800
James Pope
Chris Beltgens

Keyter Rech Investor Solutions (SA)
Vanessa Ingram                                                        +27 (0) 11 447 2993
Lynne Bothma

Pelham Bell Pottinger (UK)
Philip Dennis                                                         +44 (0) 20 7861 3919
Nick Lambert                                                          +44 (0) 20 7861 3936
Rollo Crichton-Stuart                                                 +44 (0) 20 7861 3918

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