Director's Dealing in Securities BOWLER METCALF LIMITED (Incorporated in the Republic of South Africa) (Registration number 1972/005921/06) Share code: BCF ISIN code: ZAE 000030797 (“Bowler” or “the company”) DIRECTOR’S DEALING IN SECURITIES In compliance with the Listings Requirements of the Johannesburg Stock Exchange, the following information is disclosed: Name of director: MA Olds Company: Bowler Date of transaction: 19 November 2013 Number of shares: 7 000 Class of securities: Ordinary shares Nature of transaction: Sale Price per share: R7.82 Nature of interest: Direct Beneficial Extent of interest: Less than 0.1% Value of transaction: R54 740.00 How traded: On market Clearance obtained: Yes Name of director: MA Olds Company: Bowler Date of transaction: 19 November 2013 Number of shares: 9 950 Class of securities: Ordinary shares Nature of transaction: Sale Price per share: R7.80 Nature of interest: Direct Beneficial Extent of interest: Less than 0.1% Value of transaction: R77 610.00 How traded: On market Clearance obtained: Yes Name of director: MA Olds Company: Bowler Date of transaction: 19 November 2013 Number of shares: 15 050 Class of securities: Ordinary shares Nature of transaction: Sale Price per share: R7.85 Nature of interest: Direct Beneficial Extent of interest: Less than 0.1% Value of transaction: R118 142.50 How traded: On market Clearance obtained: Yes Name of director: MA Olds Company: Bowler Date of transaction: 20 November 2013 Number of shares: 3 638 Class of securities: Ordinary shares Nature of transaction: Sale Price per share: R7.80 Nature of interest: Direct Beneficial Extent of interest: Less than 0.1% Value of transaction: R28 376.40 How traded: On market Clearance obtained: Yes Cape Town 21 November 2013 Sponsor Arcay Moela Sponsors Proprietary Limited (Registration number: 2006/033725/07) Date: 21/11/2013 02:54:00 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.