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Tue 3 Jul 2012, 14:30 Convergenet Holdings Ltd - Director's Dealing
CVN
Director's Dealing

CONVERGENET HOLDINGS LIMITED
           Incorporated in the Republic of South Africa
               (Registration number 1998/015580/06)
              Share code: CVN     ISIN: ZAE000102067
                 ('ConvergeNet' or 'the company')


                        DIRECTOR'S DEALING


In compliance with rules 3.63 ' 3.74 of the JSE Listing
Requirements, the following dealing in the securities of the
company by a director is disclosed below:

Name of director:                        S Swana
Name of company:                         ConvergeNet
Date of transaction:                     28 June 2012
Class of securities:                     Ordinary shares
Number of securities:                    391 073
Purchase price:                          R0.26 per share
Total value of transaction:              R101 678.98
Nature of transaction:                   Purchase
Nature of interest:                      Direct beneficial
Extent of interest on ordinary shares:   0.04%
Nature of trade:                         On market
Clearance obtained:                      Yes

Johannesburg
3 July 2012

Sponsors
Arcay Moela Sponsors (Pty) Ltd
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