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Fri 30 Nov 2007, 15:50 SBG - Simeka BSG Limited - Directors` Dealings In Securities
SBG
 SBG                                                                             
SBG - Simeka BSG Limited - Directors` Dealings In Securities                    
SIMEKA BSG LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/012583/06)                                            
JSE code: SBG & ISIN: ZAE000074878                                              
("Simeka")                                                                      
DIRECTORS` DEALINGS IN SECURITIES                                               
In compliance with sections 3.63 to 3.65 of the Listings Requirements of the JSE
Limited ("JSE"), the following information is disclosed:                        
                                                                                
Name of associate of director:            MS Varachia Holdings                  
Company (Pty) Ltd, as                  
                                         associate of MS Varachia a             
                                         director of Simeka.                    
Date of transaction:                      29 November 2007                      
Bought Put at a strike price of           125 cents per share                   
Average Sold Call at a strike price of    166 cents per share                   
Average Expiry                            7 December 2009                       
Nature of transaction                     Zero cost collar hedge                
over Simeka ordinary                   
                                         shares                                 
No of options                             6,000,000                             
Nature and extent of interest:            Indirect no-beneficial                
Clearance to deal                         Yes                                   
                                                                                
Name of associate of director:            MS Varachia Holdings                  
                                         Company (Pty) Ltd, as                  
associate of MS Varachia a             
                                         director of Simeka.                    
Date of transaction:                      29 November 2007                      
Bought Put at a strike price of           125 cents per share                   
Average Sold Call at a strike price of    165 cents per share                   
Average Expiry                            7 December 2009                       
Nature of transaction                     Zero cost collar hedge                
                                         over Simeka ordinary                   
shares                                 
No of options                             6,500,000                             
Nature and extent of interest:            Indirect no-beneficial                
Clearance to deal                         Yes                                   

Name of associate of director:            MS Varachia Holdings                  
                                         Company (Pty) Ltd, as                  
                                         associate of MS Varachia a             
director of Simeka.                    
Date of transaction:                      29 November 2007                      
Nature of transaction:                    Purchase of 5,550,000                 
                                         Simeka futures contracts               
(equivalent to 5,550,000               
                                         Simeka ordinary shares).               
Effective price per share                 129 cents                             
Total value                               R7,159,500                            
Average Expiry                            March 2008                            
Nature and extent of company secretary`s  Indirect non-beneficial               
interest:                                                                       
Clearance to deal:                        Yes                                   

Name of director:                         T Botha                               
Date of transaction:                      29 November 2007                      
Bought Put at a strike price of           125 cents per share                   
Average Sold Call at a strike price of    166 cents per share                   
Average Expiry                            7 December 2009                       
Nature of transaction                     Zero cost collar hedge                
                                         over Simeka ordinary                   
shares                                 
No of options                             800,000                               
Nature and extent of interest:            Direct beneficial                     
Clearance to deal                         Yes                                   

Name of director:                         T Botha                               
Date of transaction:                      29 November 2007                      
Bought Put at a strike price of           125 cents per share                   
Average Sold Call at a strike price of    165 cents per share                   
Average Expiry                            7 December 2009                       
Nature of transaction                     Zero cost collar hedge                
                                         over Simeka ordinary                   
shares                                 
No of options                             1,200,000                             
Nature and extent of interest:            Direct beneficial                     
Clearance to deal                         Yes                                   

Name of director:                         T Botha                               
Date of transaction:                      29 November 2007                      
Number of securities:                     1 400 000                             
Price per security:                       125 cents                             
Total value:                              R1,750,000                            
Class of securities:                      Ordinary                              
Nature of transaction:                    Off-market sale of shares.            
Nature and extent of director`s interest: Direct beneficial                     
                                                                                
Clearance to deal was received in terms of paragraph 3.66 of the JSE            
Listings Requirements.                                                          
Rosebank                                                                        
30 November 2007                                                                
Designated advisor                                                              
Java Capital (Proprietary) Limited                                              
Date: 30/11/2007 15:50:29 Produced by the JSE SENS Department.                  
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