Director's Dealings in Securities TELEMASTERS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/015734/06 ("TeleMasters" or "the Company") ISIN: ZAE000093324 Share Code: TLM DIRECTOR’S DEALING IN SECURITIES In accordance with paragraphs 3.63 – 3.74 of the JSE Listings Requirements, the following director’s dealings are disclosed: Name of director: BR Topham Company: TeleMasters Date of transaction: 18 March 2014 Number of shares: 10 000 Class of securities: Ordinary shares Nature of transaction: Purchase Price per share: R0.84 Nature of interest: Indirect Beneficial Extent of interest: 0.024% Value of transaction: R8 400 How traded: On market Clearance obtained: Yes Name of director: BR Topham Company: TeleMasters Date of transaction: 18 March 2014 Number of shares: 968 Class of securities: Ordinary shares Nature of transaction: Purchase Price per share: R0.85 Nature of interest: Indirect Beneficial Extent of interest: 0.002% Value of transaction: R822.80 How traded: On market Clearance obtained: Yes Name of director: BR Topham Company: TeleMasters Date of transaction: 18 March 2014 Number of shares: 1 500 Class of securities: Ordinary shares Nature of transaction: Purchase Price per share: R0.90 Nature of interest: Indirect Beneficial Extent of interest: 0.004% Value of transaction: R1 350.00 How traded: On market Clearance obtained: Yes Pretoria 20 March 2014 Designated Advisor Arcay Moela Sponsors Proprietary Limited Date: 20/03/2014 04:56:00 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.