Directors dealings in securities 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 DIRECTORS 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 directors’ dealings in the Company’s shares: Name of director: Mr Craig Parry Designation: Executive Director Date of transaction: 13 November 2013 Class of securities: Ordinary shares Price: 63 cents per share Number of securities: 3 500 000 Total Value: R2 205 000.00 Price: 68 cents per share Number of securities: 500 000 Total value: R340 000.00 Nature of interest: Indirect beneficial disposal– trade done through The Craig Parry Family Trust of which Mr Parry is a Trustee and a beneficiary – off market trade Clearance obtained: Yes Trading prices per share on the JSE Limited on 13 November 2013: High: 64 cents Low: 64 cents Close: 64 cents Name of director: Mr Nigel Payne Designation: Independent Non- Executive Director Date of transaction: 13 November 2013 Class of securities: Ordinary shares Price: 63 cents per share Number of securities: 4 000 000 Total value: R2 520 000.00 Price: 68 cents per share Number of securities: 500 000 Total value: R340 000.00 Nature of Direct beneficial purchase of BSI transaction: shares – off market trade Trading prices per share on the JSE Limited on 13 November 2013: High: 64 cents Low: 64 cents Close: 641 cents Johannesburg 14 November 2013 Designated Advisor: Sasfin Capital (A division of Sasfin Bank Limited) Date: 14/11/2013 07:32:00 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.