CITY LODGE HOTELS LIMITED - Directors dealings in securities

Directors’ dealings in securities

City Lodge Hotels Limited
"City Lodge"
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH    ISIN Code: ZAE000117792

DIRECTORS’ DEALINGS IN SECURITIES

In compliance with Rule 3.63 - 3.74 of the JSE Listings
Requirements, the following information is disclosed:

Director:                      C. Ross
Office held:                   Chief Executive
Name of company:               City Lodge Hotels Limited
Grant date:                    1 September 2014
Acceptance date:               3 September 2014
Grant price:                   R123.17
Number of rights:              42,108
Class of shares:               Ordinary
Nature of Transaction:         Off-market      award     and
                               acceptance      of      share
                               appreciation rights
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Director:                      A.C. Widegger
Office held:                   Financial Director
Name of company:               City Lodge Hotels Limited
Grant date:                    2 September 2014
Acceptance date:               3 September 2014
Grant price:                   R123.17
Number of rights:              27,539
Class of shares:               Ordinary
Nature of Transaction:         Off-market     award      and
                               acceptance      of      share
                               appreciation rights
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Director:                      M.C. van Heerden
Office held:                   Group Company Secretary
Name of company:               City Lodge Hotels Limited
Grant date:                    1 September 2014
Acceptance date:               3 September 2014
Grant price:                   R123.17
Number of rights:             4,200
Class of shares:              Ordinary
Nature of Transaction:        Off-market     award      and
                              acceptance      of      share
                              appreciation rights
Nature and extent of
Director’s interest in the
transaction:                  Direct beneficial

Share appreciation rights vest after three years provided
certain performance conditions in terms of the City Lodge
Hotels Limited Share Appreciation Right Scheme 2007 have
been met.

Approval for the individual allocations and prior clearance
to deal has been obtained in accordance with Section 3.66
of the JSE Listings Requirements.

Bryanston
3 September 2014

Sponsor
JP Morgan Equities Limited

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