Disclosure of the Acquisition and Disposal of Securities SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES In accordance with section 122 (3)(b) of the Companies Act No. 71 of 2008, as amended, and section 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that the Company has been notified of the following movements in securities of the Company: Newdel Holdings Limited (“Newdel”) has, in aggregate, acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Newdel amounts to 7.42% of the total issued share capital of the Company. Westglamry Limited (“Westglamry”) has, in aggregate, acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Westglamry amounts to 19.60% of the total issued share capital of the Company. Gairloch Limited (“Gairloch”) has, in aggregate, disposed of their interest in the securities of the Company, such that the total interest in the securities of the Company held by Gairloch amounts to 0.00% of the total issued share capital of the Company. JSE Sponsor PSG Capital Proprietary Limited 22 September 2015 For further information please contact: SacOil Holdings Limited +27 (0)11 463 6884 Damain Matroos finnCap Limited (Nominated Adviser and +44 (0) 20 7220 broker) 0500 Christopher Raggett and James Thompson FirstEnergy Capital (Financial Adviser +44 (0) 20 7448 and Joint Broker UK) 0200 Hugh Sanderson / David van Erp Instinctif Partners London (UK Investor +44 (0)20 7457 Relations) 2020 David Simonson / Anca Spiridon Instinctif Partners Johannesburg (SA +27 (0)11 447 3030 Investor Relations) Nicholas Williams / Tshepo Mophiring Date: 22/09/2015 11:00:00 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.