RAND MERCHANT INSURANCE HLDGS LTD - Dealings in securities by a director

Dealings in securities by a director

Rand Merchant Insurance Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2010/005770/06)
Share code: RMI
ISIN: ZAE000153102
(“RMI”)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director                     :   PK Harris
Company                      :   RMI
Date of transaction          :   11 April 2013
Nature of transaction        :   On-market sale of shares
Class of securities          :   Ordinary shares
Number of securities         :   865 000
Volume weighted average
selling price                :   2 202.91 cents per share
Highest price                :   2 220.00 cents per share
Lowest price                 :   2 200.00 cents per share
Total value of transaction   :   R19 055 171.50
Nature of interest           :   Indirect beneficial
Clearance obtained           :   Yes


Director                     :   PK Harris
Company                      :   RMI
Date of transaction          :   12 April 2013
Nature of transaction        :   On-market sale of shares
Class of securities          :   Ordinary shares
Number of securities         :   90 000
Selling price                :   2 225.00 cents per share
Total value of transaction   :   R2 002 500.00
Nature of interest           :   Indirect beneficial
Clearance obtained           :   Yes

These transactions form part of a diversification plan of
Mr Harris’s investment portfolio.

Sandton
15 April 2013

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 15/04/2013 03:30:00 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.