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ESR - Esorfranki Limited - Director`s dealings

Release Date: 11/01/2012 17:17:18      Code(s): ESR
ESR - Esorfranki Limited - Director`s dealings                                  
ESORFRANKI LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/000732/06)                                           
JSE code: ESR                                                                   
ISIN: ZAE000133369                                                              
("the company")                                                                 
DIRECTOR`S DEALINGS                                                             
In terms of paragraphs 3.63 to 3.70 of the JSE Limited Listings Requirements,   
the following information relating to dealings in the company`s securities by a 
director of a major subsidiary is disclosed:                                    
Name of director:                    D Gibbons                                  
Name of subsidiary:                  Esorfranki Construction (Pty) Limited      
Nature of transactions:              Sale of a total of 363 833 shares          
Number of shares and price and date  23 November 2011 - 200 000 shares at       
of transaction:                      R1.40 per share                            
                                    24 November 2011 - 100 000 shares at        
                                    R1.40 per share                             

                                    6 December 2011 - 63 833 shares at R1.40    
                                    per share                                   
Total value:                         R509 366                                   
Class of securities:                 Ordinary shares                            
Interest in transaction:             Direct beneficial                          
Clearance to deal:                   Not obtained                               
Where traded:                        On-Market                                  
11 January 2012                                                                 
Vunani Corporate Finance                                                        
Date: 11/01/2012 17:17:18 Supplied by www.sharenet.co.za                     
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