Dealing in Securities by a Director 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”) Dealing in securities by a director In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealings in the securities by a director, is disclosed: Director: Damain Matroos Status: Executive Director - SacOil Transaction date: 8 December 2015 Number of share: (1) 30 000 (2) 142 413 Price per share: (1) 28 cents (2) 29 cents Transaction value: (1) R8 400.00 (2) R41 299.77 Type of securities: Ordinary shares Nature of transaction: Purchase of shares on the open market Extent of interest: Direct beneficial Written clearance Yes obtained: Following this dealing Mr. Matroos now holds 172,413 ordinary shares of no par value in the capital of the Company representing a beneficial interest of 0.005% of the total voting rights of the Company. JSE Sponsor PSG Capital Proprietary Limited 9 December 2015 For further information please contact: SacOil Holdings Limited +27 (0)11 463 6884 Bradley Cerff finnCap Limited (Nominated Adviser and +44 (0) 20 7220 0500 broker) Christopher Raggett and James Thompson FirstEnergy Capital (Joint broker) +44 (0) 20 7448 0200 Hugh Sanderson / David van Erp Date: 09/12/2015 03:00:00 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.