Dealings In Securities By Directors Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 DEALINGS IN SECURITIES BY DIRECTORS In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Gavin Toet Company: Conduit Capital Limited Date of transaction: 30 November 2012 Class of securities: Ordinary shares Clearance to deal obtained: Yes Nature of the transaction: Exercise of share options off market Number of share options: 800 000 Date share options granted: 20 November 2009 Vesting date of share options: 30 November 2011 Expiry date of share options: 30 November 2012 Strike price of share options: R0.40 Total value of options exercised: R320 000.00 Extent of director’s interest: Direct beneficial Name of director: Lourens Louw Company: Conduit Capital Limited Date of transaction: 30 November 2012 Class of securities: Ordinary shares Clearance to deal obtained: Yes Nature of the transaction: Exercise of share options off market Number of share options: 800 000 Date share options granted: 20 November 2009 Vesting date of share options: 30 November 2011 Expiry date of share options: 30 November 2012 Strike price of share options: R0.40 Total value of options exercised: R320 000.00 Extent of director’s interest: Direct beneficial Johannesburg 3 December 2012 Sponsor Merchantec Capital Date: 03/12/2012 02:00:00 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.