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Wed 20 Sep 2006, 16:38 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                   20 September 2006                       
                                        Options were granted by the company on 5
                                        June 2006 at the market price of the    
share on 2 June 2006 and accepted by the
                                        director on 20 September 2006           
     Number of securities               250 000                                 
     Strike price                       R1.57 per share                         
Value of transaction               R392 500                                
     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                     
     Written clearance to                                                       
     deal obtained:                     Yes                                     
Executive director                 Erik Rudolf Venter                      
     Director of                        Comair                                  
     Transaction date                   20 September 2006                       
                                        Options were granted by the company on 5
June 2006 at the market price of the    
                                        share on 2 June 2006 and accepted by the
                                        director on 20 September 2006           
     Number of securities               2 200 000                               
Strike price                       R1.57 per share                         
     Value of transaction               R3 454 000                              
     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                     
     Written clearance to                                                       
deal obtained:                     Yes                                     
     Executive director                 Gidon Saul Novick                       
     Director of                        Comair                                  
     Transaction date                   20 September 2006                       
Options were granted by the company on 5
                                        June 2006 at the market price of the    
                                        share on 2 June 2006 and accepted by the
                                        director on 20 September 2006           
Number of securities               2 200 000                               
     Strike price                       R1.57 per share                         
     Value of transaction               R3 454 000                              
     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                     
Written clearance to                                                       
     deal obtained:                     Yes                                     
     Executive director                 Martin Nicolaas Louw                    
     Director of                        Comair                                  
Transaction date                   20 September 2006                       
                                        Options were granted by the company on 5
                                        June 2006 at the market price of the    
                                        share on 2 June 2006 and accepted by the
director on 20 September 2006           
     Number of securities               1 800 000                               
     Strike price                       R1.57 per share                         
     Value of transaction               R2 826 000                              
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                     
     Written clearance to                                                       
     deal obtained:                     Yes                                     
     Executive director                 Derek Henry Borer                       
Director of                        Comair                                  
     Transaction date                   20 September 2006                       
                                        Options were granted by the company on 5
                                        June 2006 at the market price of the    
share on 2 June 2006 and accepted by the
                                        director on 20 September 2006           
     Number of securities               1 000 000                               
     Strike price                       R1.57 per share                         
Value of transaction               R1 570 000                              
     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                     
     Written clearance to                                                       
     deal obtained:                     Yes                                     
Johannesburg                                                               
     20 September 2006                                                          
     Sponsor                                                                    
     Nedbank Capital                                                            
Date: 20/09/2006 04:38:46 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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