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ESR - Esorfranki Limited - Director`s Dealings

Release Date: 23/11/2009 10:52:01      Code(s): ESR
ESR - Esorfranki Limited - Director`s Dealings                                  
ESORFRANKI LIMITED                                                              
(formerly Esor Limited)                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/000732/06)                                           
JSE code: ESR                                                                   
ISIN: ZAE000133369                                                              
("the company")                                                                 
DIRECTOR`S DEALINGS                                                             
In compliance with paragraphs 3.63 to 3.70 of the Listings Requirements of the  
JSE Limited the following information is disclosed in relation to dealings in   
the company`s securities by a director:                                         
Name of Director:                  JM Hlongwane (non-executive)                 
Date of transaction:               19 November 2009                             
Put Strike:                        ZAR 4.10 per share                           
Call Strike:                       ZAR 5.27 per share                           
Expiry Date:                       28 October 2011                              
Number of Contracts:               250 000                                      
Date of transaction:               19 November 2009                             
Put Strike:                        ZAR 4.10 per share                           
Call Strike:                       ZAR 5.27 per share                           
Expiry Date:                       11 November 2011                             
Number of Contracts:               250 000                                      
Date of transaction:               19 November 2009                             
Put Strike:                        ZAR 4.10 per share                           
Call Strike:                       ZAR 5.27 per share                           
Expiry Date:                       25 November 2011                             
Number of Contracts:               250 000                                      
Date of transaction:               19 November 2009                             
Put Strike:                        ZAR 4.10 per share                           
Call Strike:                       ZAR 5.27 per share                           
Expiry Date:                       09 December 2011                             
Number of Contracts:               250 000                                      
In respect of all of the above:                                                 
Class of Security                  Ordinary shares                              
Nature of transaction              Conclusion of zero cost collars              
Nature of Interest                 Indirect beneficial                          
Clearance to deal obtained:        Yes                                          
Johannesburg                                                                    
23 November 2009                                                                
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 23/11/2009 10:52:01 Supplied by www.sharenet.co.za                     
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