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Fri 22 May 2009, 16:46 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 non-executive   
director of Blue Label is disclosed:                                            
Name of director:                  HC Theledi                                   
Company:                           Blue Label Telecoms Limited                  
Designation:                       Non-Executive Director                       
Date transaction effected:         21 May 2009                                  
Number of shares:                  474,356                                      
Price of shares:                   R4.03                                        
Total consideration:               R1,911,654.68                                
Nature of transactions:            Sale of shares in the market                 
Nature and extent of director`s    Beneficial holding indirectly through        
Interest in the transaction:       Nthwese Investment Holdings Consortium (Pty) 
                                  Ltd                                           
Clearance to deal:                 Clearance to deal obtained in advance prior  
                                  to transaction                                
Date transaction effected:         22 May 2009                                  
Company:                           Blue Label Telecoms Limited                  
Number of shares:                  3,142,752                                    
Price of shares:                   R4.00                                        
Total consideration:               R12,571,008                                  
Nature of transactions:            Sale of shares in the market                 
Nature and extent of director`s    Beneficial holding indirectly through        
Interest in the transaction:       Nthwese Investment Holdings Consortium (Pty) 
                                  Ltd                                           
Clearance to deal:                 Clearance to deal obtained in advance prior  
to transaction                                
22 May 2009                                                                     
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 22/05/2009 16:46:59 Produced by the JSE SENS Department.                  
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