Dealing in securities by Directors and the Company Secretary 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 DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY Name of the company : Hudaco Name of director : SJ Connelly Designation : Chief Executive Number of share appreciation : 20 000 Hudaco share appreciation rights rights allocated and accepted Strike price : R90.80 per share Value of transaction : R1 816 000 Vesting period : Subject to certain performance criteria, the allocation vests 3 years from the allocation date. Date of acceptance : 29 July 2013 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment (off market) Nature of interest : Direct beneficial Written clearance to deal : Not applicable Name of the company : Hudaco Name of director : CV Amoils Designation : Group Financial Director Number of share appreciation : 27 000 Hudaco share appreciation rights rights allocated and accepted Strike price : R90.80 per share Value of transaction : R2 451 600 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5. Date of acceptance : 29 July 2013 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment (off market) Nature of interest : Direct beneficial Written clearance to deal : Not applicable Name of the company : Hudaco Name of director : GR Dunford Designation : Director Number of share appreciation : 28 000 Hudaco share appreciation rights rights allocated and accepted Strike price : R90.80 per share Value of transaction : R2 542 400 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5. Date of acceptance : 29 July 2013 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment (off market) Nature of interest : Direct beneficial Written clearance to deal : Not applicable Name of the company : Hudaco Name of officer : R Wolmarans Designation : Group Company Secretary Number of share appreciation : 4 000 Hudaco share appreciation rights rights allocated and accepted Strike price : R90.80 per share Value of transaction : R363 200 Vesting period : Subject to certain performance criteria, 1/3 of the allocation vests 3 years from the allocation date, with another 1/3 vesting in year 4 and the balance in year 5 Date of acceptance : 29 July 2013 Nature of transaction : Grant and acceptance of share appreciation rights in the normal course of employment (off market) Nature of interest : Direct beneficial Written clearance to deal : Not applicable Edenvale 30 July 2013 Sponsor Nedbank Capital Date: 30/07/2013 09:15:00 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.