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Wed 19 Jul 2006, 14:10 Comair Limited - Dealing in securities by director
COM
 COM                                                                             
Comair Limited - Dealing in securities by directors                             
Comair Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/006783/06)                                            
JSE Share code: COM & ISIN number: ZAE000029823                                 
("Comair" or "the company"))                                                    
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information, relating to the dealing in securities by    
directors, is disclosed:                                                        
Executive director                 Bertrandus Johannes van der Linden           
Director of                        Comair                                       
Transaction date                   14 December 2005                             
Options were granted by the company on 5 December 2005 at the market price of   
the share on 2 December 2005 and accepted by the director on 14 December 2005   
Number of securities               133 000                                      
Strike price                       R1.70 per share                              
Value of transaction               R226 100                                     
Share Class                        Ordinary shares                              
Nature of transaction              Share options granted in terms of the Comair 
                                   Share Incentive Trust and accepted by the    
                                   director                                     
Extent of interest                 Direct beneficial                            
Vesting scale                      25% at end of Year 3 from date of grant of   
                                   option                                       
                                   25% at end of Year 4 from date of grant of   
                                   option                                       
50% at end of Year 5 from date of grant of   
                                   option                                       
                                   Options expire 10 years from date of grant of
                                   the option                                   
Executive director                 Erik Rudolf Venter                           
Director of                        Comair                                       
Transaction date                   3 March 2006                                 
Options were granted by the company on 5 December 2005 at the market price of   
the share on 2 December 2005 and accepted by the director on 3 March 2006       
Number of securities               666 000                                      
Strike price                       R1.70 per share                              
Value of transaction               R1 132 200                                   
Share Class                        Ordinary shares                              
Nature of transaction              Share options granted in terms of the Comair 
                                   Share Incentive Trust and accepted by the    
                                   director                                     
Extent of interest                 Direct beneficial                            
Vesting scale                      25% at end of Year 3 from date of grant of   
                                   option                                       
                                   25% at end of Year 4 from date of grant of   
option                                       
                                   50% at end of Year 5 from date of grant of   
                                   option                                       
                                   Options expire 10 years from date of grant of
the option                                   
Executive director                 Gidon Saul Novick                            
Director of                        Comair                                       
Transaction date                   14 December 2005                             
Options were granted by the company on 5 December 2005 at the market price of   
the share on 2 December 2005 and accepted by the director on 14 December 2005   
Number of securities               666 000                                      
Strike price                       R1.70 per share                              
Value of transaction               R1 132 200                                   
Share Class                        Ordinary shares                              
Nature of transaction              Share options granted in terms of the Comair 
                                   Share Incentive Trust and accepted by the    
director                                     
Extent of interest                 Direct beneficial                            
Vesting scale                      25% at end of Year 3 from date of grant of   
                                   option                                       
25% at end of Year 4 from date of grant of   
                                   option                                       
                                   50% at end of Year 5 from date of grant of   
                                   option                                       
Options expire 10 years from date of grant of
                                   the option                                   
Executive director                 Martin Nicolaas Louw                         
Director of                        Comair                                       
Transaction date                   13 December 2005                             
Options were granted by the company on 5 December 2005 at the market price of   
the share on 2 December 2005 and accepted by the director on 13 December 2005   
Number of securities               500 000                                      
Strike price                       R1.70 per share                              
Value of transaction               R850 000                                     
Share Class                        Ordinary shares                              
Nature of transaction              Share options granted in terms of the Comair 
Share Incentive Trust and accepted by the    
                                   director                                     
Extent of interest                 Direct beneficial                            
Vesting scale                      25% at end of Year 3 from date of grant of   
option                                       
                                   25% at end of Year 4 from date of grant of   
                                   option                                       
                                   50% at end of Year 5 from date of grant of   
option                                       
                                   Options expire 10 years from date of grant of
                                   the option                                   
Executive director                 Derek Henry Borer                            
Director of                        Comair                                       
Transaction date                   13 December 2005                             
Options were granted by the company on 5 December 2005 at the market price of   
the share on 2 December 2005 and accepted by the director on 13 December 2005   
Number of securities               266 000                                      
Strike price                       R1.70 per share                              
Value of transaction               R452 200                                     
Share Class                        Ordinary shares                              
Nature of transaction              Share options granted in terms of the Comair 
                                   Share Incentive Trust and accepted by the    
                                   director                                     
Extent of interest                 Direct beneficial                            
Vesting scale                      25% at end of Year 3 from date of grant of   
                                   option                                       
                                   25% at end of Year 4 from date of grant of   
                                   option                                       
50% at end of Year 5 from date of grant of   
                                   option                                       
                                   Options expire 10 years from date of grant of
                                   the option                                   
Johannesburg                                                                    
19 July 2006                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 19/07/2006 02:10:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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