Tongaat Hulett – Dealings in securities by Company Secretary

Tongaat Hulett Limited

Registration number 1892/000610/06

Share code: TON

ISIN ZAE000096541

Tongaat Hulett – Dealings in securities by Company Secretary

In accordance with the JSE Listings Requirements, the following is disclosed in respect of dealings in securities by the company secretary.

In accordance with the BEE Management Share Ownership Scheme (MSOP) approved by shareholders in 2007, the company secretary was granted share awards on 1 February 2010. The MSOP shares vested in the MSOP trust on 1 August 2012, and these awards converted to ordinary shares, translating to a converted combined benefit of 35  080 Tongaat Hulett ordinary shares. As at 1 February 2015 these shares were released from the 5 year restricted period and were subsequently delivered to the company secretary, on the fifth anniversary from the grant date in terms of the rules of the MSOP scheme. An election has been made to sell some of the shares (including to pay the associated tax) and to retain the balance, as follows:

Company Secretary:                                      MAC MAHLARI   

Number of Shares Delivered:                           35 080             

Number of Shares Subsequently Sold:             26 368

Price per Share:                                                 R163,55

Value of Transaction                              R4  312 486,40

Number of Shares Retained:                                 8 712

Class of Securities: Ordinary shares

Date: 19 February 2015

Extent of Interest: Direct and beneficial

Clearance to Transact: Yes

Purchased/Sold on Market: Yes

20 February 2015


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