HUDACO INDUSTRIES LIMITED - Disclosure of acquisition of securities

Disclosure of acquisition of securities

Hudaco Industries Limited
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273
(“Hudaco” or “the company”)

DISCLOSURE OF AQUISITION OF SECURITIES

In accordance with the JSE Limited Listings Requirements and Section 122(1)
of the Companies Act, No 71 of 2008, shareholders are advised that PSG Asset
Management Proprietary Limited (“PSG”) has notified Hudaco that it has
increased its beneficial interest in ordinary shares of the company on behalf
of its clients, such that the total beneficial interest in Hudaco securities
held by PSG is now 10.04% of the total issued Hudaco securities.


Johannesburg
26 August 2016

Sponsor
Nedbank Corporate and Investment Banking

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