BSI STEEL LIMITED - Dealing in securities by a director

Dealing in securities by a director

BSI STEEL Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(“BSI” or "the company")


DEALING IN SECURITIES BY A DIRECTOR




In compliance with the terms of paragraph 3.63 to 3.74 of
the Listings Requirements of the JSE Limited, the Company
hereby discloses the following director’s dealings in the
Company’s shares:

Name of director:      J S Govender

Designation:           Executive Director


Date of transaction:   31 March 2013

Class of securities:   Ordinary shares

Grant price:           63.5c cents per option

Number of options:     750 000


Nature of interest:    Direct beneficial


Nature of              Vesting of Share Appreciation
transaction:           Rights – off market trade


Clearance obtained     Not applicable


Johannesburg
2 April 2013

Designated Advisor:
Sasfin Capital
(A division of Sasfin Bank Limited)

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