MERAFE RESOURCES LIMITED - Directors dealings in Merafe securities

Director’s dealings in Merafe securities

MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06
Share Code: MRF
ISIN: ZAE000060000
(“Merafe”)

Director’s dealings in Merafe securities

In compliance with paragraph 3.63 – 3.66 of the JSE Limited Listings
Requirements, we hereby advise the following dealings by a director in Merafe
securities:

Name of Director:                  Kajal Bissessor
Company:                           Merafe
Date of transaction:               18 November 2015
Nature of transaction:             Purchase of securities
Class of securities:               Ordinary shares
Number of securities:              200 000
Price paid:                        R0,69 per share
Total value of transaction:        R138 000,00
Nature of interest:                Direct
Clearance obtained:                Yes
Type of trade:                     On market

Sandton
19 November 2015

Sponsor:
Merrill Lynch South Africa Proprietary Limited

Date: 19/11/2015 08:30:00 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.