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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:

SH Muller

Date of transaction:

13 November 2014

Number of shares:

478 003

Price per share:

R0.37

Transaction value:

R176 861.11

Nature of transaction:

Purchase of shares on the open market

Date of transaction:

14 November 2014

Number of shares:

478 003

Price per share:

R0.40

Transaction value:

R191 201.20

Nature of transaction:

Sale of shares on the open market as a result of the transfer to a different portfolio

Extent of interest:

Direct beneficial

Written clearance obtained

Yes

Johannesburg

17 November 2014

JSE Sponsor

Nedbank Capital

For further information please contact:

finnCap Limited (Nominated Adviser and Broker)

Matthew Robinson / Christopher Raggett

+44 (0) 0 7220 0500

FirstEnergy Capital (Financial Adviser and Joint Broker UK)

Majid Shafiq / Travis Inlow

+44 (0) 20 7448 0200

Instinctif Partners London (UK Investor Relations)

David Simonson / Anca Spiridon

+44 (0)20 7457 2020

Instinctif Partners Johannesburg (SA Investor Relations)

Nicholas Williams / Fred Cornet

+27 (0)11 447 3030

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