TIDMSAC

SacOil Holdings Limited

04 July 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, the following information relating to dealing in Ordinary Shares by directors and executive management was disclosed to SacOil on 30 June 2011:

 
 Name:                              Bradley Cerff 
 Name of company:                   SacOil Holdings Limited 
 Position:                          Vice President - Commercial 
 Date of trade:                     30 June 2011 
 Number of securities:              110,000 
 Class:                             Ordinary shares 
 Price:                             R0.86 
 Total value of the transaction:    R94 600-00 
 Nature of Transaction:             Purchase on the open market 
 Extent of interest:                Direct beneficial 
 

Clearance for this transaction was provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.

4 July 2011

For Further Information:

Sponsor

Standard Bank

Nominated Adviser and Joint Broker

finnCap Limited

Matthew Robinson/Ed Frisby

+44 (0) 20 7600 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 SacOilcan be found at www.sacoilholdings.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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