Dealing in securities by a director Bell Equipment Limited (Incorporated in the Republic of South Africa) (Registration number: 1968/013656/06 ISIN: ZAE000028304 Share code: BEL DEALING IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Gary Bell Company : Bell Equipment Limited Date of transaction : 2014/12/11 Nature of transaction : On market purchase of securities Number of securities : 9500 Class of securities : Ordinary shares Purchase price : 8.99 Total value of transaction : R 85 405 Nature of interest : Direct beneficial Clearance obtained : Yes Date of transaction : 2014/12/11 Nature of transaction : On market purchase of securities Number of securities : 11000 Class of securities : Ordinary shares Purchase price : R 8.87 Total value of transaction : R 97 570 Nature of interest : Direct beneficial Clearance obtained : Yes Date of transaction : 2014/12/12 Nature of transaction : On market purchase of securities Number of securities : 23000 Class of securities : Ordinary shares Purchase price : R8.75 Total value of transaction : R 201 250 Nature of interest : Direct beneficial Clearance obtained : Yes Richards Bay 12 December 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 12/12/2014 04:29:00 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.