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Fri 24 Dec 2010, 11:00 FWX - Foneworx Holdings Limited - Dealings in securities by director
FWX
FWX                                                                             
FWX - Foneworx Holdings Limited - Dealings in securities by director            
FONEWORX HOLDINGS LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1997/010640/06)                                            
Share code: FWX     ISIN: ZAE000086237                                          
("FoneWorx")                                                                    
DEALINGS IN SECURITIES BY DIRECTOR                                              
In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings     
Requirements of JSE Limited, the following is disclosed:                        
Name of director:      Mr Graham Groenewaldt                                    
Company:               FoneWorx (Proprietary) Limited, a major subsidiary       
of FoneWorx                                               
Date of transaction:   22 December 2010                                         
Class of securities:   Ordinary shares                                          
Clearance to deal      Yes                                                      
obtained:                                                                       
Nature of the          Exercise of 300 000 share options and sale of 260        
transaction:           000 shares off market                                    
Strike price of        R1.04                                                    
share options:                                                                  
Date share options     18 June 2007                                             
granted:                                                                        
Vesting date of        100% upon receipt of options                             
share options:                                                                  
Sale price:            R1.20                                                    
Number of              260 000                                                  
securities:                                                                     
Total value:           R312 000                                                 
Extent of director`s   Direct beneficial                                        
interest:                                                                       
Johannesburg                                                                    
24 December 2010                                                                
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 24/12/2010 11:00:01 Produced by the JSE SENS Department.                  
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