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Thu 29 Oct 2009, 17:31 BLU - Blue Label - Notice Of Dealings In Securities
BLU
BLU                                                                             
BLU - Blue Label - Notice Of Dealings In Securities                             
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 a non-executive 
director is disclosed:                                                          
Name of director:                  HC Theledi                                   
Company:                           Blue Label Telecoms Limited                  
Designation:                       Non-Executive Director                       
Date transaction effected:         28 October 2009                              
Number of shares:                  2,056,599                                    
Price of shares:                   R5.64                                        
Total consideration:               R11,599,218.36                               
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:         29 October 2009                              
Company:                           Blue Label Telecoms Limited                  
Number of shares:                  25,505                                       
Price of shares:                   R5.60                                        
Total consideration:               R142,828                                     
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                                
The shares were sold by Nthwese Investment Holdings Consortium (Pty) Ltd, Blue  
Label`s empowerment partner, to fund its debt obligations.                      
29 October 2009                                                                 
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 29/10/2009 17:31:28 Produced by the JSE SENS Department.                  
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