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Mon 3 Dec 2012, 14:00 CONDUIT CAPITAL LIMITED - Dealings In Securities By Directors
CND 201212030049A
Dealings In Securities By Directors

                                         Conduit Capital Limited
                                 Incorporated in the Republic of South Africa
                                   (Registration number 1998/017351/06)
                                 Share code: CND ISIN: ZAE000073128


                               DEALINGS IN SECURITIES BY DIRECTORS



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:                      Gavin Toet
 Company:                               Conduit Capital Limited
 Date of transaction:                   30 November 2012
 Class of securities:                   Ordinary shares
 Clearance to deal obtained:            Yes
 Nature of the transaction:             Exercise of share options off market
 Number of share options:               800 000
 Date share options granted:            20 November 2009
 Vesting date of share options:         30 November 2011
 Expiry date of share options:          30 November 2012
 Strike price of share options:         R0.40
 Total value of options exercised:      R320 000.00
 Extent of director’s interest:         Direct beneficial


 Name of director:                      Lourens Louw
 Company:                               Conduit Capital Limited
 Date of transaction:                   30 November 2012
 Class of securities:                   Ordinary shares
 Clearance to deal obtained:            Yes
 Nature of the transaction:             Exercise of share options off market
 Number of share options:               800 000
 Date share options granted:            20 November 2009
 Vesting date of share options:         30 November 2011
 Expiry date of share options:          30 November 2012
 Strike price of share options:         R0.40
 Total value of options exercised:      R320 000.00
 Extent of director’s interest:         Direct beneficial


Johannesburg
3 December 2012

Sponsor
Merchantec Capital

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