SENS

28-11-2012

Tongaat hulett – Directors’ dealings in securities


Tongaat Hulett Limited
Registration number (1892/000610/06)
Share code: TON
ISIN ZAE000096541

CLASS OF SECURITIES: Ordinary shares
DATE: 28 November 2012
EXTENT OF INTERESTS: Direct and beneficial
CLEARANCE TO TRANSACT: Yes
PURCHASED/SOLD ON MARKET: Yes

SHARE APPRECIATION RIGHTS – these relate to rights that  will expire shortly and which were granted in 2006 with a grant price of R73,39.  The requisite performance conditions were fully met previously. An election has  been made to exercise rights, pay tax and retain shares. This results in a  calculated (i.e. in respect of the appreciation above the grant price) number  of shares being acquired and delivered, as follows:

                                                                                                                                                                                                                                                                                   
DIRECTOR: BG  DUNLOP
NUMBER OF  RIGHTS EXERCISED:23,737
NUMBER OF  SHARES DELIVERED:  10,512
TOTAL  VALUE (RANDS):   R1,375,600
NUMBER OF  SHARES SUBSEQUENTLY SOLD TO PAY TAX:4,310
NUMBER OF  SHARES RETAINED:  6,202
PRICE PER  SHARE:  R130.86
  
DIRECTOR:MH MUNRO
NUMBER OF  RIGHTS EXERCISED:20,472
NUMBER OF  RIGHTS DELIVERED:9,066
TOTAL  VALUE (RANDS):  R1,186,377
NUMBER OF  SHARES SUBSEQUENTLY SOLD TO PAY TAX: 3,717
NUMBER OF  SHARES RETAINED:  5,349
PRICE PER  SHARE:   R130.86
  
DIRECTOR:PH STAUDE
NUMBER OF  RIGHTS EXERCISED:62,082
NUMBER OF  RIGHTS DELIVERED: 27,494
TOTAL  VALUE (RANDS):   R3,597,865
NUMBER OF  SHARES SUBSEQUENTLY SOLD TO PAY TAX: 11,273
NUMBER OF  SHARES RETAINED:   16,221
PRICE PER  SHARE:   R130.86

SHARE OPTIONS - these relate to the original Tongaat-Hulett Group share  option scheme that expires shortly, they were granted in 2003 and are in respect of the Tongaat Hulett component. An  election has been made to exercise options, pay tax and retain shares as  follows:

                                                                                   
DIRECTOR: M  H Munro
NUMBER OF OPTIONS EXERCISED: 4,900
TOTAL  VALUE (RANDS):   R520,135
OPTION SUBSCRIPTION PRICE:R24.37
PRICE OF SHARE:    R130.52
NUMBER OF SHARES SUBSEQUENTLY SOLD TO PAY TAX:1,597
NUMBER OF SHARES RETAINED:   3,303

Tongaat
28 November 2012

Sponsor: Investec Bank Limited