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ESR - Esorfranki Limited - Director`s dealings

Release Date: 02/03/2010 08:48:02      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:                                                       
Name of director:             G Byrne                                           
Name of company:              Franki Africa (Pty) Limited                       
Date of transaction:          26 February 2010                                  
Put strike:                   R3.25 per share                                   
Call strike:                  R3.93 per share                                   
Class of security:            Ordinary shares                                   
Number securities:            340 000                                           
Face value:                   R 1 105 000                                       
Nature of transaction:        Zero Cost Collar with an expiry                   
                             date of 2 July 2012                                
Extent of interest:           Indirect beneficial                               
Clearance to deal obtained:   Yes                                               
2 March 2010                                                                    
Vunani Corporate Finance                                                        
Date: 02/03/2010 08:48:02 Supplied by www.sharenet.co.za                     
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