Dealing in securities by directors Chemical Specialities Limited Incorporated in the Republic of South Africa Registration number 2005/039947/06 Share code: CSP ISIN: ZAE000109427 ("Chemspec" or "the Company") Dealing in Securities by Directors In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), the following dealing in securities by a director should be noted: Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : IAJ Clark, non-executive director & Chairman Class of securities : Compulsory convertible preference shares (“CCPs”) in Chemspec Nature of transaction : Mr Clark followed his rights in terms of the rights offer, as well as underwrote a further 10,000,000 rights offer CCPs. and applied for 190,359 excess rights offer CCPs (An off-market purchase by Roxichron (Pty) Ltd). Nature of interests : Indirect beneficial Date of transaction : 22 November 2013 No of shares : 101,793,573 Price : 40 cents per share Value of transaction : R40 717 429.20 Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : JG Maehler, executive financial director Class of securities : CCPs in Chemspec Nature of transaction : Mr. Maehler followed his rights in terms of the rights offer. (An off- market purchase by JRJB Family Trust) Nature of interests : Indirect beneficial Date of transaction : 22 November 2013 No of shares : 2,500,000 Price : 40 cents per share Value of transaction : R1,000,000 Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : NA Page, non-executive director Class of securities : CCPs in Chemspec Nature of transaction : Mr. Page followed his rights in terms of the rights offer. (An off- market purchase by Hentiq 1423 (Pty) Limited) Nature of interests : Indirect beneficial Date of transaction : 22 November 2013 No of shares : 2,500,505 Price : 40 cents per share Value of transaction : R1,000,202.00 Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : NA page, non-executive director Class of securities : CCPs in ChemSpec Nature of transaction : Mr. Page followed his rights in terms of the rights offer.(An off- market purchase by Corvest 6 (Proprietary) Limited) Nature of interests : Indirect beneficial Date of transaction : 22 November 2013 No of shares : 177,837,138 Price : 40 cents per share Value of transaction : R71,134,855.20 *Clearance was obtained for all of the above in terms of paragraph 3.66 of the Listings Requirements. Johannesburg 25 November 2013 Designated Advisor: Grindrod Bank Limited Date: 25/11/2013 05:43:00 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.