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Director PDMR Shareholding

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30 Jun 2011

SACOIL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE share code: SCL

AIM share code: SAC

ISIN: ZAE0000127460

("SacOil" or "the Company")

Dealings in securities

In compliance with rule 3.63 of the JSE Limited ("JSE") Listings Requirements and rule 17 and schedule 5 of the AIM rules, the following information relating to dealing in ordinary shares of no par value in the Company ("Ordinary Shares") by directors and executive management was disclosed to SacOil on 29 June 2011:

Name:

Carey Linnell

Name of company:

SacOil Holdings Limited

Position:

Immediate family of Richard Linnell - Non-executive Chairman

Date of trade:

28, 29 June 2011

Number of securities:

20 000, 8 000 and 11 706

Class:

Ordinary shares

Price:

R0.88, R0.89 and R0.85

Total value of the transaction:

R 34 670.10

Nature of Transaction:

Purchase on open market

Extent of interest:

Direct beneficial

 

Relevant clearances for these transactions were provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.

30 June 2011

For Further Information:

 

Sponsor

Standard Bank

 

Nominated Adviser and Joint Broker

finnCap Limited

Matthew Robinson/Ed Frisby

+44 (0) 20 7220 1658

 

Joint Broker

Shore Capital Stockbrokers Limited 

Jerry Keen/Dru Danford

Tel: +44 (0) 20 7408 4090 

 

Contacts

 

Tavistock (Public Relations UK)                                

Edward Portman / Jos Simson

Tel: +44 (0) 20 7920 3150

 

The Riverbed Agency (Public Relations SA)

Raphala Mogase/Bongiwe Moeli

Tel: +27 (0) 11 783 7903

 

Additional information on SacOil can be found at www.sacoilholdings.com.