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Dealing in Securities by Directors

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15 Nov 2010

SACOIL HOLDINGS LIMITED

(Formerly SA Mineral Resources Corporation Limited)

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

Share code: SCL and ISIN: ZAE000127460

("SacOil")

DEALING IN SECURITIES BY DIRECTORS

In compliance with rule 3.63 of the JSE Limited Listings Requirements, the following information relating to dealing in SacOil shares by directors is disclosed:

Name of director:                                          C de Beer

Name of company:                                        SacOil Holdings Limited

Position:                                                         Financial Director

Date of trade:                                                15 November 2010

Number of securities:                                    632 916

Class:                                                               Ordinary shares

Price:                                                               R0.29

Total value of the transaction:                    R183 545.64

Nature of Transaction: Issue of shares pursuant to the exercise of share options

Extent of interest:                                         Direct beneficial

The above is an on-market transaction. Clearance for these transactions was provided in terms of section 3.66 of the JSE Listings Requirements.

 

Midrand

15 November 2010

 

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