DISTRIB. AND WAREHOUSING NETWORK LD - Directors dealing in securities

Directors dealing in securities

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
("DAWN")

DIRECTOR’S DEALING IN SECURITIES

In compliance with rule 3.63 to 3.74 of the JSE Limited`s
Listings Requirements, the following should be noted:

Name of director:        DA Tod
Date of transaction:     18 March 2015
Nature of transaction:   Purchase
Highest price paid:      R6.10
Lowest price paid:       R5.90
Average price paid:      R5.99
Number of shares:        65,611
Transaction value:       R393,104.90
Class of security:       Ordinary shares
Nature of interest:      Direct, beneficial
Chairman`s approval:     Yes
The purchase was on market.

Name of director:        DA Tod
Date of transaction:     19 March 2015
Nature of transaction:   Purchase
Highest price paid:      R6.10
Lowest price paid:       R6.00
Average price paid:      R6.08
Number of shares:        119,000
Transaction value:       R724,093.90
Class of security:       Ordinary shares
Nature of interest:      Direct, beneficial
Chairman`s approval:     Yes
The purchase was on market.

20 March 2015
Johannesburg

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Registration number 1996/000034/07)

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