BSI STEEL LIMITED - Dealings in securities by a director

Dealings in securities by a director

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(“BSI”)


DEALINGS IN SECURITIES BY A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, BSI hereby discloses the following dealings in securities by a director:

Name of director:                      Mr James Waller

Designation:                           Non-Executive director of BSI

Date of transactions:                  23 December 2014

Nature of transactions:                Sale of BSI securities
                                       (On-market transactions)

Class of securities:                   Ordinary shares

Number of securities:                  5 900 000

Price per security:                    R0.50

Value of transaction                   R2 950 000

Number of securities:                  100 000

Price per security:                    R0.51

Value of transaction:                  R51 000

Nature of interest:                    Direct beneficial

Clearance to trade obtained:           Yes

Johannesburg
29 December 2014

Designated Advisor
Sasfin Capital
(A division of Sasfin Bank Limited)

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