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Thu 20 May 2010, 11:09 MTL - Mercantile Bank Holdings Limited - Dealing in securities
MTL
MTL                                                                             
MTL - Mercantile Bank Holdings Limited - Dealing in securities                  
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/000164/06)                                            
Share code: MTL ISIN: ZAE000064721                                              
DEALING IN SECURITIES                                                           
In accordance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the
acceptance of conditional awards in terms of the Mercantile Conditional Share   
Plan by an executive director and company secretary is hereby announced:        
Name of Director                        :    David Jamie Brown                  
Company                                 :    Mercantile Bank Holdings Limited   
Date of acceptance of conditional awards:    19 May 2010                        
Number of conditional awards            :    5 000 000                          
Deemed value of conditional awards      :    ZAR 1 000 000                      
Vesting date                            :    1 April 2012                       
Nature of interest                      :    Direct beneficial                  
Name of Company Secretary               :    Anname de Villiers                 
Company                                 :    Mercantile Bank Holdings Limited   
Date of acceptance of conditional awards:    19 May 2010                        
Number of conditional awards            :    1 000 000                          
Deemed value of conditional awards      :    ZAR 200 000                        
Vesting date                            :    1 April 2012                       
Nature of interest:                          Direct beneficial                  
Johannesburg                                                                    
20 May 2010                                                                     
Sponsor: Bridge Capital Advisors (Proprietary) Limited                          
Date: 20/05/2010 11:09:02 Produced by the JSE SENS Department.                  
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