Director's dealing in securities Hudaco Industries Limited (“Hudaco” or “the company”) Incorporated in the Republic of South Africa Registration number: 1985/004617/06 Share code: HDC ISIN code: ZAE000003273 DIRECTORS’ DEALING IN SECURITIES Name of the company : Hudaco Name of director : GR Dunford Designation : Chief executive Date of transaction no 1 : 11 May 2016 Nature of transaction no : Purchase of 12 382 Hudaco ordinary shares at 1 the current market price of 10276.30 cents per share (on market). Value of transaction no 1 : R1 272 411.47 Date of transaction no 2 : 16 May 2016 Nature of transaction no : Purchase of 2 759 Hudaco ordinary shares at 2 the current market price of 10342.39 cents per share (on market). Value of transaction 2 : R285 346.54 Both the above-mentioned transactions are in terms of the rules of Hudaco’s Share Matching Scheme, implemented in January 2014 by the company’s remuneration committee. Nature of interest : Direct beneficial. Clearance obtained : Yes Name of the company : Hudaco Name of the director : CV Amoils Designation: : Group financial director Date of transaction: : 16 May 2016 Nature of transaction : Purchase of 2 650 Hudaco ordinary shares at the current market price of 10342.39 cents per share (on market). Value of transaction : R274 073.34 The above-mentioned transaction is in terms of the rules of Hudaco’s Share Matching Scheme, implemented in January 2014 by the company’s remuneration committee. Nature of interest : Direct beneficial Clearance obtained : Yes Johannesburg 17 May 2016 Sponsor: Nedbank Corporate and Investment Banking Date: 17/05/2016 03:19:00 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.