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SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) UPDATE ON THE TERMINATION PROCESS RELATED TO OIL PROSPECTING LICENCE 281 As previously announced to shareholders on 1 April 2015, SacOil terminated its participation with Transnational Corporation of…

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company” or “the Group”) TRADING STATEMENT In compliance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement…

SacOil Holdings Limited announces that today, it signed a Memorandum of Understanding (“MOU”) with the Ministry of Mines, Industries and Energy of Equatorial Guinea, Taleveras Exploration and Production DMCC, Gunvor Group and the Strategic Fuel Fund Association (“the Parties”) to conduct a detailed evaluation for the development of the Bioko Oil Terminal tank farm in Equatorial Guinea (“the Project”). The effective date of the MOU is 30 October 2015.

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) LICENCE EXTENSION FOR BLOCK III, ALBERTINE GRABEN, DEMOCRATIC REPUBLIC OF CONGO Following application to the Ministry of Hydrocarbons of the Democratic Republic of Congo (“DRC”), the joint venture…

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING In terms of paragraph 3.91 of the JSE Listings Requirements, shareholders are hereby advised that all the ordinary resolutions and special resolutions,…

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) RESIGNATION OF NON-EXECUTIVE DIRECTOR In compliance with rule 3.59(b) of the Listings Requirements of the JSE Limited, shareholders of the Company are hereby advised that after six years…

DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES

In accordance with section 122 (3)(b) of the Companies Act No. 71 of 2008, as amended, and section 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that the Company has been notified of the following movements in securities of the Company:

Newdel Holdings Limited (“Newdel”) has, in aggregate, acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Newdel amounts to 7.42% of the total issued share capital of the Company.

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) Installation of steam facilities and the drilling of up to five additional wells – Lagia Oil Field SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited…