HUDACO INDUSTRIES LIMITED - Directors Dealing In Securities

Director’s Dealing In Securities

Hudaco Industries Limited
(“Hudaco” or “the company”)
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273

DIRECTOR’S DEALING IN SECURITIES

Name of the        :   Hudaco
company

Name of director   :   GR Dunford

Designation        :   CEO: Bearings and power transmission

Date of            :   12 July 2013
transaction

Nature of          :
transactions
                       1     Exercise of 21 667 share appreciation
                             rights with a strike price of R39.75 at
                             a VWAP price of R90.80 and settled by
                             the delivery of 12 181 Hudaco ordinary
                             shares (off market).

                       2     Sale of 4 872 Hudaco ordinary shares at
                             the current market price of R91.58 per
                             share (on market).
                             These shares were acquired by
                             exercising the share appreciation
                             rights mentioned in 1 above.

Value of           :   Exercise - R1 106 100.35
transactions           Sale – R446 177.76

Nature of          :   Direct beneficial
interest

Clearance          :   Yes
obtained


Johannesburg
17 July 2013

Sponsor
Nedbank Capital

Date: 17/07/2013 11:40:00 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.