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Thu 3 Jun 2010, 16:00 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                                            
("Mercantile")                                                                  
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 is hereby announced:                              
Name of Director:                            Karl Kumbier                       
Company:                                     Mercantile Bank Holdings Limited   
Date of acceptance of conditional awards:    2 June 2010                        
Number of conditional awards:                10 000 000                         
Deemed value of conditional awards:          ZAR 2 400 000                      
Vesting date:                                1 April 2012                       
Nature of interest:                          Direct beneficial                  
Johannesburg                                                                    
3 June 2010                                                                     
Sponsor: Bridge Capital Advisors (Proprietary) Limited                          
Date: 03/06/2010 16:00:40 Produced by the JSE SENS Department.                  
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