Dealing in securities by a director of the company Clover Industries Limited (Incorporated in the Republic of South Africa) (Registration number 2003/030429/06) Ordinary Share code: CLR ISIN No: ZAE000152377 (“Company”) DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : C P Lerm Company : Clover Industries Limited Nature of transaction : On market sale of securities Class of securities : Ordinary shares Date of transaction : 22 October 2013 Number of securities : 1 000 000 Selling price R16.35 Value of transaction : R16 350 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes The proceeds from the transaction will be applied, inter alia:- - to settle a personal loan facility which Dr Lerm’s took out to pay his pay as you earn obligations which arose from the exercise of share appreciation rights (“SARs”) by Dr Lerm in terms of the Company’s Restated Share Appreciation Rights Plan. For further details regarding the exercise of SARs, shareholders are referred to the announcement released on the Stock Exchange News Service on 4 June 2013; and - to settle Dr Lerm’s loan with the Company. Johannesburg 23 October 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23/10/2013 04:00:00 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.