ZEDER INVESTMENTS LIMITED - Exercise Of Options By A Director

Exercise Of Options By A Director

Zeder Investments Limited
Incorporated in the Republic of South Africa
Registration number: 2006/019240/06
JSE share code: ZED
ISIN code: ZAE000088431
(“Zeder”)

EXERCISE OF OPTIONS BY A DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information is disclosed:

NAME OF DIRECTOR              N Celliers
STATUS:EXECUTIVE/NON-         Executive
EXECUTIVE
TYPE OF SECURITIES            Shares
CLASS OF SECURITIES           Ordinary
DATE OF TRANSACTION           20 April 2015
OPTION STRIKE PRICE           R2.57
NUMBER OF OPTIONS EXERCISED   437 743
TOTAL RAND VALUE OF OPTIONS   R1 124 999.51
STRIKE DATE OF OPTIONS        20 April 2015
PERIOD OF EXERCISE            Participants have a 30-day
                              period from the strike date
                              during which options can be
                              exercised
NAME OF ASSOCIATE             Namron Investments (Pty) Ltd
RELATIONSHIP WITH DIRECTOR    Director is a director of the
                              associate and a trustee and
                              beneficiary of the shareholder
                              of the associate
NATURE OF TRANSACTION         Acquisition of shares in Zeder
                              through the exercise of options
                              (Off-market transaction)
NATURE AND EXTENT OF          Indirect, Beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED            Yes

Clearance to deal in these shares was obtained in accordance with
rule 3.66 of the JSE Limited Listings Requirements.

Stellenbosch
21 April 2015

Sponsor
PSG Capital

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