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Resignation of 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: ZAE000127460
(“SacOil” or the “Company”)

Resignation of Directors

SacOil announces that Richard Linnell and Colin Bird have resigned as directors of the Company with immediate effect.

11 April 2013
ENDS

JSE Sponsor
Nedbank Capital

For further information please contact:

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

GMP Securities Europe LLP (Joint Broker UK)
James Pope
Chris Beltgens

+44 (0) 20 7647 2800

Keyter Rech Investor Solutions (SA)
Vanessa Ingram
Lynne Bothma

+27 (0) 11 447 2993

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