HUDACO INDUSTRIES LIMITED - Director's Associate dealing in securities

Director's Associate dealing in securities

Hudaco Industries Limited
(“Hudaco” or “the company”)
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273

DIRECTOR’S ASSOCIATE DEALING IN SECURITIES

Name of the company              :   Hudaco

Name of director                 :   GR Dunford

Information regarding the
associate and the transactions
mentioned below                  :   GR Dunford owns 60% of the issued shares
                                     of Dunford Holdings Pty Ltd and he
                                     therefore benefits indirectly from the
                                     transactions detailed below.

Date of transaction no 1         :   31 January 2014

Nature of transaction no 1       :   Dunford Holdings Pty Ltd purchased 20 990
                                     Hudaco ordinary shares at the price of
                                     10 400 cents per share (on market).

Value of transaction no 1        :   R2 182 960

Date of transaction no 2:        :   3 February 2014

Nature of transaction no 2       :   Dunford Holdings Pty Ltd purchased 46 400
                                     Hudaco ordinary shares at the average
                                     price of 10 499.99 cents per share (on
                                     market). High price – 10 500 cents; Low
                                     price – 10 499 cents.

Value of transaction no 2        :   R4 871 998.24

Date of transaction no 3         :   4 February 2014

Nature of transaction no 3       :   Dunford Holdings Pty Ltd purchased 26 706
                                     Hudaco ordinary shares at the price of
                                     10 499.99 cents per share (on market).
                                     High price – 10 500 cents; Low price –
                                     10 400 cents.

Value of transaction no 3        :   2 804 127.33

Clearance obtained for all the   :   Yes
transactions mentioned above

Johannesburg
5 February 2014

Sponsor
Nedbank Capital

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