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Correction – Director’s Dealing in Securities

SACOIL HOLDINGS LIMITED

(Formerly SA Mineral Resources Corporation Limited)

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

Share code: SCL

ISIN: ZAE000127460

CORRECTION: DIRECTOR`S DEALING IN SECURITIES

Shareholders are referred to the announcement dated 10 July 2009 wherein it was stated that C. Bird sold 5 000 000 ordinary shares at R0.20 per share. Shareholders are now advised that the nature of transaction was incorrectly stated as a sale and the correct announcement is as follows:

Director C Bird

Class Ordinary shares

Date of Transaction 9 July 2009

No of shares 5 000 000

Price R0.20

Total amount R1 000 000

Nature Purchase

Extent of interest Direct beneficial

Clearance received yes

Midrand

13 July 2009

Sponsor

Sasfin Capital (A division of Sasfin Bank Limited)

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IMPORTANT NOTICE TO SHAREHOLDERS REGARDING THEIR SHARES

If you are in any doubt as to what action you should take, consult your CSDP, Broker, Banker, Legal Adviser, Accountant or other professional advisers immediately.

Or visit our Shareholder Information page for more information regarding your shareholding and share certificate.