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Fri 27 Feb 2009, 16:00 BLU - Blue Label Telecoms Limited - Notice of dealings in securities in terms of
BLU
BLU                                                                             
BLU - Blue Label Telecoms Limited - Notice of dealings in securities in terms of
paragraphs 3.63 to 3.74 of the JSE Limited (JSE) Listings Requirements          
Blue Label Telecoms Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/022679/06)                                            
Share code:  BLU     ISIN: ZAE000109088                                         
("Blue Label" or "the company")                                                 
NOTICE OF DEALINGS IN SECURITIES IN TERMS OF PARAGRAPHS 3.63 TO 3.74 OF THE JSE 
LIMITED (JSE) LISTINGS REQUIREMENTS                                             
In compliance with paragraph 3.63 - 3.65 of the JSE Listing Requirements, the   
following information, relating to the dealing in securities by executive       
directors of Blue Label is disclosed:                                           
Name of director:                  BM Levy                                      
Designation:                       Joint Chief Executive Officer                
Company:                           Blue Label Telecoms Limited                  
Nature of transactions:            Purchase of ordinary shares in the market    
Date of transaction:               26 February 2009                             
Number of shares:                  900,000                                      
Price of shares:                   R4.40                                        
Total value:                       R3,960,000                                   
Number of shares:                  100,000                                      
Price of shares                    4.59                                         
Total value:                       R459,000                                     
Number of shares:                  50,000                                       
Price of shares                    4.69                                         
Total value:                       R234,500                                     
Nature of interest:                Direct Beneficial                            
Clearance to deal:                 Obtained in advance in accordance with JSE   
                                  Listings Requirements                         
Name of director:                  MS Levy                                      
Designation:                       Joint Chief Executive Officer                
Company:                           Blue Label Telecoms Limited                  
Date of transaction:               26 February 2009                             
Number of shares:                  900,000                                      
Price of shares:                   R4.40                                        
Total value:                       R3,960,000                                   
Number of shares:                  100,000                                      
Price of shares                    4.59                                         
Total value:                       R459,000                                     
Number of shares:                  50,000                                       
Price of shares                    4.69                                         
Total value:                       R234,500                                     
Nature of interest:                Direct Beneficial                            
Clearance to deal:                 Obtained in advance in accordance with JSE   
                                  Listings Requirements                         
27 February 2009                                                                
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 27/02/2009 16:00:01 Produced by the JSE SENS Department.                  
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