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Dealing in Securities by a Director

SACOIL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE share code: SCL

AIM share code: SAC

ISIN: ZAE0000127460

(“SacOil”)

Dealing in securities by a director

In terms of paragraph 3.63 – 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealings in the securities by a director, is disclosed:

Director:

Ignatius Sehoole

Transaction date:

9 January 2014

Number of shares:

296 000

Price per share:

25 cents

Transaction value:

R 74 000

Nature of transaction:

Purchase of shares on the open market

Extent of interest:

Direct beneficial

Written clearance obtained:

Yes

Johannesburg

10 January 2014

Sponsor

Nedbank Capital

For further information please contact:

SacOil Holdings Limited

Roger Rees / Tariro Mudzimuirema

+27 (0)11 575 7232

Nedbank Capital, a division of Nedbank Limited (Investment Bank, Corporate Advisor and Sponsor)

Michelle Benade

+27 (0) 11 294 3524

finnCap Limited (Nominated Adviser and Broker)

Matthew Robinson / Christopher Raggett

+44 (0) 20 7220 0500

FirstEnergy Capital (Joint Broker UK)

Majid Shafiq

Travis Inlow

+44 (0) 20 7448 0200

Pelham Bell Pottinger (UK)

Philip Dennis

Nick Lambert

Rollo Crichton-Stuart

+44 (0) 20 7861 3919

+44 (0) 20 7861 3936

+44 (0) 20 7861 3918

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