Dealings in Securities by a Director of a Major Subsidiary of the Company

Bell Equipment Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1968/013656/06)
Share code:      BEL
ISIN: ZAE000028304
("Bell" or the "Company")

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

 Name of Director                :   Mr Douglas Morris
 Name of Subsidiary              :   Bell Equipment Group Services Proprietary Limited
 Date of transaction             :   25 October 2023
 Nature of transaction           :   On-market purchase
 Number of securities            :   14 000
 Class of securities             :   Ordinary Shares
 Highest traded price per        :   R17,79
 security on the market on the
 day
 Lowest traded price per         :   R17,78
 security on the market on the
 day
 Weighted Average price per      :   R17,7843
 share
 Total value of transaction      :   R248 981,38
 Nature of interest              :   Direct, beneficial
 Clearance obtained              :   Yes


Richards Bay
27 October 2023

Sponsor
INVESTEC BANK LIMITED

Date: 27-10-2023 08:21:00
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