Director's Dealings KAGISO MEDIA LIMITED Incorporated in the Republic of South Africa) Reg. No 1957/000036/06) Share Code: KGM ISIN:ZAE000014007 ("Kagiso Media" or “the Company”) DEALING IN SECURITIES BY DIRECTOR In compliance with paragraph 3.63 – 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities in respect to a share purchase scheme, is disclosed: Name : M Morobe Designation : Executive Director Nature of transaction : On market, sale of securities Date of transaction : 4 December 2012 Class of shares : Ordinary shares Number of shares : 5 259 Selling price per share : R21.50 Total value of transaction : 113,068.50 Nature of interest : In terms of a share purchase scheme being in the process of being wound down and has thus no benefit to the holder. Refer to the article in Finweek on 30 August 2012 Clearance obtained : Obtained in advance in accordance with JSE Listings requirements Name : O Essack Designation : Executive Director Nature of transaction : On market, sale of securities Date of transaction : 4 December 2012 Class of shares : Ordinary shares Number of shares : 5 259 Selling price per share : R21.50 Total value of transaction : 113,068.50 Nature of interest : In terms of a share purchase scheme being in the process of being wound down and has thus no benefit to the holder. Refer to the article in Finweek on 30 August 2012 Clearance obtained : Obtained in advance in accordance with JSE Listings requirements Sandton 6 December 2012 Sponsor Investec Bank Limited Date: 06/12/2012 12:45:00 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.