Director's Dealing in Securities BOWLER METCALF LIMITED (Incorporated in the Republic of South Africa) (Registration number 1972/005921/06) Share code: BCF ISIN code: ZAE 000030797 (“Bowler” or “the company”) DIRECTOR’S DEALING IN SECURITIES In compliance with the Listings Requirements of the JSE Limited (“JSE”), the following information is disclosed: Name of director: PF Sass Company: Bowler Date of transaction: 22 October 2012 Number of shares: 73 000 Class of securities: Ordinary shares Nature of transaction: Subscription (exercise of options) Price per share: R4.20 Nature of interest: Direct Beneficial Extent of interest: 0.1% Value of transaction: R306 600 How traded: Off market Clearance obtained: Yes Name of secretary: LV Rowles Company: Bowler Date of transaction: 22 October 2012 Number of shares: 94 400 Class of securities: Ordinary shares Nature of transaction: Subscription (exercise of options) Price per share: R4.20 Nature of interest: Direct Beneficial Extent of interest: 0.1% Value of transaction: R396 480 How traded: Off market Clearance obtained: Yes Name of secretary: LV Rowles Company: Bowler Date of transaction: 22 October 2012 Number of shares: 3 396 Class of securities: Ordinary shares Nature of transaction: Sale Price per share: R7.97 (average) Nature of interest: Direct Beneficial Extent of interest: Less than 0.1% Value of transaction: R27 060 How traded: On market Clearance obtained: Yes Cape Town 24 October 2012 Sponsor Arcay Moela Sponsors (Pty) Limited (Registration number: 2006/033725/07) Date: 24/10/2012 03:56:00 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.