METMAR LIMITED - Dealings in Securities by Directors

Dealings in Securities by Directors

Metmar Limited
Incorporated in the Republic of South Africa
Registration number: 1998/007269/06
Share code: MML
ISIN code: ZAE000078747
“Metmar” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS

In compliance with paragraph 3.63 of the JSE Limited Listings
Requirements (“Listings Requirements”), shareholders are advised that
certain directors may derive a beneficial interest in terms of Metmar’s
management and employee bonus incentive scheme (“the Bonus Scheme”).

Nedbank Private Wealth Stockbrokers (Pty) Limited has acquired shares on
behalf of certain directors in respect of the Bonus Scheme and the
release thereof to the directors referred to below (20% of the total
number of shares released per annum for a period of 5 years), is
conditional on the director being employed by the Company on that date.

In order to comply with the Listings Requirements, the          directors’
potential interest in these dealings are disclosed below:

Name of director:                             Mr SMS Nkosi
Name of company of which he is a director:    Metmar
Date on which transaction was effected:       25 October 2012
Nature of transaction:                        Purchase in terms of the
                                              Bonus Scheme
Class of security:                            Ordinary shares
Number of ordinary shares:                    31 579
Price per security:                           R1.90
Total value of transaction:                   R60 000.10
Nature of director`s interest:                Indirect beneficial
Confirmation of on-market or off-market:      On-market
Vesting period:                               20% of the total number of
                                              shares (31 579 shares),
                                              released per annum for a
                                              period of 5 years

Name of director:                             Mrs MF De Wet
Name of company of which she is a director:   Metmar Trading (Pty) Limited
Date on which transaction was effected:       25 October 2012
Nature of transaction:                        Purchase in terms of the
                                              Bonus Scheme
Class of security:                            Ordinary shares
Number of ordinary shares:                    56 367
Price per security:                           R1.90
Total value of transaction:                   R107 097.30
Nature of director`s interest:                Indirect beneficial
Confirmation of on-market or off-market:      On-market
Vesting period:                              20% of the total number of
                                             shares (56 367 shares),
                                             released per annum for a
                                             period of 5 years


Name of director :                           Mr JP Van Zyl
Name of company of which he is a director:   Metmar Industrial (Pty)
                                             Limited
Date on which transaction was effected:      25 October 2012
Nature of transaction:                       Purchase in terms of the
                                             Bonus Scheme
Class of security:                           Ordinary shares
Number of ordinary shares:                   39 474
Price per security:                          R1.9025
Total value of transaction:                  R75 099.29
Nature of director`s interest:               Indirect beneficial
Confirmation of on-market or off-market:     On-market
Vesting period:                              20% of the total number of
                                             shares (39 474 shares),
                                             released per annum for a
                                             period of 5 years


In compliance with paragraph 3.66 of the Listings Requirements, prior
clearance to deal in the above securities was obtained from the Chairman
of the Board. The above trades were completed outside of a closed period.


29 October 2012
Bryanston


Sponsor
One Capital

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