AMALGAMATED APPLIANCE HOLDINGS LD - Director's Dealings

Director's Dealings

Amalgamated Appliance Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/004130/06)
Share Code: AMA ISIN: ZAE000012647
("AMAP" or "the Company")

DEALINGS IN SECURITIES BY DIRECTOR OF THE COMPANY

In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited, the following information is disclosed:

Name of director:            A Coward (CEO of Amalgamated Appliance Holdings
                             Limited)
Class of securities:         Ordinary shares
Nature of transaction:       Award and acceptance of share options (Off market
                             transaction)
Option date:                 23 October 2012
Price per share:             R2.84
Number of options:           400 000
Total value:                 R1 136 000.00
Nature of interest:          Direct beneficial

Clearance was given by the Remuneration Committee in line with paragraph 3.66 of the
Listings Requirements of the JSE Limited.

The option vest in tranches of 25% on each of the second, third, fourth and fifth
anniversaries of the option date.

Johannesburg
25 October 2012
Sponsor: Bridge Capital Advisors (Pty) Limited

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