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Tue 23 Nov 2010, 17:00 MRF - Merafe Resources - Dealings in securities by an associate of a director
MRF
MRF                                                                             
MRF - Merafe Resources - Dealings in securities by an associate of a director   
MERAFE RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06)                                            
Share Code: MRF                                                                 
ISIN NO: ZAE000060000                                                           
("Merafe Resources" or "the Company")                                           
DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR                            
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Limited, the following information is disclosed:                            
Director                      : Bruce McBride                                   
Company                       : Merafe Resources Limited                        
Number of securities          : 500 200                                         
Date of transaction           : 19 November 2010                                
VWAP Price                    : R1.61706                                        
Highest price traded          : R1.67                                           
Lowest price traded           : R1.60                                           
Nature of transaction         : Sale of securities                              
Class of securities           : Ordinary shares                                 
Total value of transactions   : R 808 853.41                                    
Nature and extent of                                                            
director`s interest           : Indirect and non-beneficial                     
Name of associate             : The Skye Trust                                  
Relationship to director      : Wife, Carol Sauermann, a trustee                
Clearance obtained            : Yes                                             
Traded on/off market          : On market trade                                 
Sandton                                                                         
23 November 2010                                                                
Sponsor                                                                         
Deutsche Securities SA (Proprietary) Limited                                    
Date: 23/11/2010 17:00:05 Produced by the JSE SENS Department.                  
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