INVICTA HOLDINGS LIMITED - Directors Dealing In Securities

Directors Dealing In Securities

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta")

Directors Dealing In Securities

In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
respect of the sale of Invicta ordinary shares by the following directors:

        Name of director:                   LR Sherrell (Non-executive director)

        Date of transaction:                13 March 2013
        Nature of transaction:              Sale
        Highest price per share:            R105.50
        Lowest price per share:             R105.00
        Average price per share:            R105.02
        Number of shares:                   48 742 Invicta shares
        Value of transaction:               R5,118,924.41
        Class of security:                  Ordinary shares
        Nature of interest:                 Indirect beneficial
        Trade:                              On-market

        Board approval for subscription:    Yes

Cape Town
14 March 2013

Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited

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