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Tue 18 Dec 2007, 11:31 AFT - Afrimat - Grants to Executive Directors under share incentive arrangements
AFT
 AFT                                                                             
AFT - Afrimat - Grants to Executive Directors under share incentive arrangements
Afrimat Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/022534/06)                                            
Code: AFT   ISIN: ZAE000086302                                                  
("Afrimat")                                                                     
Grants to Executive Directors under share incentive arrangements                
On 13th  December 2007 the Company made the following awards to directors       
pursuant to the  Share Appreciation Rights Scheme of the Company. All awards    
have conditions and are subject to the rules of the Share Appreciation Rights   
Scheme.                                                                         
Long-Term Incentive Plan                                                        
Name of      Price of  Class of   Number of  Date of                            
Director     shares    Security   shares     Vesting                            
            at award                                                            
Ordinary              Upon notification of the            
A van        R8.50     Shares     155,367    achievement of the conditions      
Heerden                                      by the Remuneration Committee      
                      Ordinary              Upon notification of the            
H Verreynne  R8.50     Shares     91,242     achievement of the conditions      
                                            by the Remuneration Committee       
                      Ordinary              Upon notification of the            
P Corbin     R8.50     Shares     109,323    achievement of the conditions      
by the Remuneration Committee       
Johannesburg                                                                    
18 December 2007                                                                
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 18/12/2007 11:31:06 Produced by the JSE SENS Department.                  
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