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Wed 15 Jun 2011, 10:13 COM - Comair Limited - Dealings in securities by directors
COM
COM                                                                             
COM - Comair Limited - Dealings in securities by directors                      
COMAIR LIMITED                                                                  
(Registration number 1967/006783/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code:  COM                                                                
ISIN: ZAE000029823                                                              
("Comair")                                                                      
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                   :  D.H. Borer                                        
Company                    :  Comair Limited                                    
Date of transaction        :  14 June 2011                                      
Class of securities        :  Ordinary shares                                   
Nature of transaction      :  On market sale of shares, which                   
shares were acquired in terms of the               
                             Comair Incentive Trust and were sold               
                             to defray taxation costs (in terms                 
                             of S8C of the Income Tax Act)                      
arising from the vesting of those                  
                             shares.                                            
Number of securities       :  1 299 334                                         
Selling price per share    :  R2.15                                             
Value of transaction       :  R2 793 568.10                                     
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  MN Louw                                           
Company                    :  Comair Limited                                    
Date of transaction        :  14 June 2011                                      
Class of securities        :  Ordinary shares                                   
Nature of transaction      :  On market sale of shares, which                   
shares were acquired in terms of the               
                             Comair Share Incentive Trust and                   
                             were sold to defray taxation costs                 
                             (in terms of S8C of the Income Tax                 
Act) arising from the vesting of                   
                             those shares.                                      
Number of securities       :  2 466 667                                         
Selling price per share    :  R2.15                                             
Value of transaction       :  R5 303 334.05                                     
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  E.R. Venter                                       
Company                    :  Comair Limited                                    
Date of transaction        :  14 June 2011                                      
Class of securities        :  Ordinary shares                                   
Nature of transaction      :  On market sale of shares,which                    
shares were acquired in terms of the               
                             Comair Share Incentive Trust and                   
                             were sold to defray taxation costs                 
                             (in terms of S8C of the Income Tax                 
Act) arising from the vesting of                   
                             those shares.                                      
Number of securities       :  1 000 000                                         
Selling price per share    :  R2.15                                             
Value of transaction       :  R2 150 000.00                                     
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  G.S. Novick                                       
Company                    :  Comair Limited                                    
Date of transaction        :  14 June 2011                                      
Class of securities        :  Ordinary shares                                   
Nature of transaction      :  On market sale of shares, which                   
shares were acquired in terms of the               
                             Comair Share Incentive Trust and                   
                             were sold to defray taxation costs                 
                             (in terms of S8C of the Income Tax                 
Act) arising from the vesting of                   
                             those shares.                                      
Number of securities       :  1 100 000                                         
Selling price per share    :  R2.15                                             
Value of transaction       :  R2 365 000.00                                     
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Bonaero Park                                                                    
15 June 2011                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 15/06/2011 10:13:01 Produced by the JSE SENS Department.                  
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