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Tue 14 Jul 2009, 10:12 HDC - Hudaco Industries Limited - Dealing in securities by directors and the
HDC
HDC                                                                             
HDC - Hudaco Industries Limited - Dealing in securities by directors and the    
company secretary                                                               
Hudaco Industries Limited                                                       
("Hudaco" or "the company")                                                     
Incorporated in the Republic of South Africa                                    
Registration number: 1985/004617/06                                             
Share code: HDC                                                                 
ISIN code: ZAE000003273                                                         
DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY                    
Name of the company       :  Hudaco                                             
                                                                                
Name of director          :  SJ Connelly                                        
                                                                                
Designation               :  Chief Executive                                    
                                                                                
Number of share           :  155 000 Hudaco share                               
appreciation rights          appreciation rights                                
allocated and accepted                                                          
                                                                                
Strike price              :  R50.50 per share                                   
                                                                                
Value of transaction      :  R7 827 500                                         
                                                                                
Vesting period            :  Subject to certain performance                     
                            criteria, 1/3 of the                                
                            allocation vests 3 years from                       
                            the allocation date, with                           
another 1/3 vesting in year 4                       
                            and the balance in year 5                           
                                                                                
Date of acceptance        :  14 July 2009                                       

Nature of transaction     :  Grant and acceptance of share                      
                            appreciation rights in the                          
                            normal course of employment                         

Nature of interest        :  Direct beneficial                                  
                                                                                
Name of the company       :  Hudaco                                             

Name of director          :  CV Amoils                                          
                                                                                
Designation               :  Group Financial Director                           

Number of share           :  65 000 Hudaco share                                
appreciation rights          appreciation rights                                
allocated and accepted                                                          

Strike price              :  R50.50 per share                                   
                                                                                
Value of transaction      :  R3 282 500                                         

Vesting period            :  Subject to certain performance                     
                            criteria, 1/3 of the                                
                            allocation vests 3 years from                       
the allocation date, with                           
                            another 1/3 vesting in year 4                       
                            and the balance in year 5                           
                                                                                
Date of acceptance        :  14 July 2009                                       
                                                                                
Nature of transaction     :  Grant and acceptance of share                      
                            appreciation rights in the                          
normal course of employment                         
                                                                                
Nature of interest        :  Direct beneficial                                  
                                                                                
Name of the company       :  Hudaco                                             
                                                                                
Name of director          :  GR Dunford                                         
                                                                                
Designation               :  Alternate director                                 
                                                                                
Number of share           :  45 000 Hudaco share                                
appreciation rights          appreciation rights                                
allocated and accepted                                                          
                                                                                
Strike price              :  R50.50 per share                                   
                                                                                
Value of transaction      :  R2 272 500                                         
                                                                                
Vesting period            :  Subject to certain performance                     
                            criteria, 1/3 of the                                
allocation vests 3 years from                       
                            the allocation date, with                           
                            another 1/3 vesting in year 4                       
                            and the balance in year 5                           

Date of acceptance        :  14 July 2009                                       
                                                                                
Nature of transaction     :  Grant and acceptance of share                      
appreciation rights in the                          
                            normal course of employment                         
                                                                                
Nature of interest        :  Direct beneficial                                  

                                                                                
Name of the company       :  Hudaco                                             
                                                                                
Name of officer           :  R Wolmarans                                        
                                                                                
Designation               :  Group Company Secretary                            
                                                                                
Number of share           :  15 000 Hudaco share                                
appreciation rights          appreciation rights                                
allocated and accepted                                                          
                                                                                
Strike price              :  R50.50 per share                                   
                                                                                
Value of transaction      :  R757 500                                           
                                                                                
Vesting period            :  Subject to certain performance                     
                            criteria, 1/3 of the                                
                            allocation vests 3 years from                       
                            the allocation date, with                           
another 1/3 vesting in year 4                       
                            and the balance in year 5                           
                                                                                
Date of acceptance        :  14 July 2009                                       

Nature of transaction     :  Grant and acceptance of share                      
                            appreciation rights in the                          
                            normal course of employment                         

Nature of interest        :  Direct beneficial                                  
Johannesburg                                                                    
14 July 2009                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 14/07/2009 10:12:02 Produced by the JSE SENS Department.                  
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