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Wed 4 Sep 2013, 16:13 INVICTA HOLDINGS LIMITED - Directors Dealing In Securities
IVT IVTP 201309040033A
Directors Dealing In Securities

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta")

                                     Directors Dealing In Securities

In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
respect of the sale for Invicta ordinary shares by the following director:


        Name of director:                   LR Sherrell (Non-executive director)
        Date of transaction:                4 September 2013
        Nature of transaction:              Sale
        Price per share:                    R 93.00
        Number of shares:                   1,200,000 Invicta Shares
        Value of transaction:               R111 600 000.00
        Class of security:                  Ordinary shares
        Nature of interest:                 Indirect beneficial
        Trade:                              On-market

        Board approval for subscription:    Yes

Cape Town
4 September 2013

Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited

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