CITY LODGE HOTELS LIMITED - Directors' dealings in securities

Directors' dealings in securities

City Lodge Hotels Limited
"City Lodge"
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH    ISIN Code: ZAE000117792

DIRECTORS’ DEALINGS IN SECURITIES

In compliance with Rule 3.63 - 3.74 of the JSE Listings
Requirements, the following information is disclosed:

Director:                      C. Ross
Office held:                   Chief Executive
Name of company:               City Lodge Hotels Limited
Grant date:                    1 September 2016
Acceptance date:               2 September 2016
Grant price:                   R164.33
Number of rights:              36,812
Class of shares:               Ordinary
Nature of Transaction:         Off-market      award     and
                               acceptance      of      share
                               appreciation rights
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Director:                      A.C. Widegger
Office held:                   Financial Director
Name of company:               City Lodge Hotels Limited
Grant date:                    1 September 2016
Acceptance date:               5 September 2016
Grant price:                   R164.33
Number of rights:              23,633
Class of shares:               Ordinary
Nature of Transaction:         Off-market     award      and
                               acceptance      of      share
                               appreciation rights
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Director:                      M.C. van Heerden
Office held:                   Group Company Secretary
Name of company:               City Lodge Hotels Limited
Grant date:                    1 September 2016
Acceptance date:               2 September 2016
Grant price:                   R164.33
Number of rights:            3,689
Class of shares:             Ordinary
Nature of Transaction:       Off-market     award      and
                             acceptance      of      share
                             appreciation rights
Nature and extent of
Director’s interest in the
transaction:                 Direct beneficial

Share appreciation rights vest after three years provided
certain performance conditions in terms of the City Lodge
Hotels Limited Share Appreciation Right Scheme 2007 have
been met.

Director:                    C. Ross
Office held:                 Chief Executive
Name of company:             City Lodge Hotels Limited
Award date:                  5 September 2016
Award issue price:           R164.79
Number of shares:            10,210
Value of transaction:        R1,682,505.90
Class of shares:             Ordinary
Nature of Transaction:       Off-market       award     and
                             acceptance    of    Restricted
                             Shares in terms of the City
                             Lodge      Hotels      Limited
                             Restricted Share Plan 2011
Nature and extent of
Director’s interest in the
transaction:                 Direct beneficial


Director:                    A.C. Widegger
Office held:                 Financial Director
Name of company:             City Lodge Hotels Limited
Award date:                  5 September 2016
Award issue price:           R164.79
Number of shares:            7,902
Value of transaction:        R1,302,170.58
Class of shares:             Ordinary
Nature of Transaction:       Off-market       award     and
                             acceptance    of    Restricted
                             Shares in terms of the City
                             Lodge      Hotels      Limited
                             Restricted Share Plan 2011
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial


Director:                      M.C. van Heerden
Office held:                   Group Company Secretary
Name of company:               City Lodge Hotels Limited
Award date:                    5 September 2016
Award issue price:             R164.79
Number of shares:              557
Value of transaction:          R91,788.03
Class of shares:               Ordinary
Nature of Transaction:         Off-market      award     and
                               acceptance of Bonus Shares
                               in terms of the City Lodge
                               Hotels   Limited   Restricted
                               Share Plan 2011
Nature and extent of
Director’s interest in the
transaction:                   Direct beneficial

Bonus Shares, which are subject to continued employment,
vest after three years and are released to the participant
in accordance with the rules of the City Lodge Hotels
Limited Restricted Share Plan 2011.

Approval for the individual allocations and prior clearance
to deal has been obtained in accordance with Section 3.66
of the JSE Listings Requirements.

Bryanston
5 September 2016

Sponsor
JP Morgan Equities South Africa (Proprietary) Limited

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