BSI STEEL LIMITED - Director's dealings in securities

Director's 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 Nigel Payne



Designation:            Independent Non- Executive

                        Director



Date of transaction:    2 December 2013



Class of securities:    Ordinary shares



Price:                  63 cents per share



Number of securities:   3 952 616



Total value:            R2 490 148.08





Nature of               Direct beneficial purchase of BSI

transaction:            shares – on market trade







Johannesburg

3 December 2013



Designated Advisor:

Sasfin Capital

(A division of Sasfin Bank Limited)


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