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Dealing in Securities by Directors

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 Directors

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 directors, is disclosed:

Director:

Dr TC Kgogo

Date of transactions:

12 November 2014

Number of shares:

330 846

Price per share:

R0.34

Transaction value:

R112 487.64

Number of shares:

11 154

Price per share:

R0.35

Transaction value:

R3 903.90

Nature transactions:

Purchase of shares on the open market

Extent of interest:

Direct beneficial

Written clearance obtained

Yes

Director:

SH Muller

Date of transactions:

12 November 2014

Number of shares:

100 000

Price per share:

R0.33

Transaction value:

R33 000

Nature transactions:

Purchase of shares on the open market

Extent of interest:

Direct beneficial

Written clearance obtained

Yes

Johannesburg

13 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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