Chemical Specialities Limited Incorporated in the Republic of South Africa Registration number 2005/039947/06 Share code: CSP ISIN: ZAE000109427 ("Chemspec" or "the Company") DEALINGS IN SECURITIES BY DIRECTORS In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), the following dealings in securities by directors should be noted: 1. Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : B Schreuder, CEO and executive director of Chemspec Class of securities : Options in Chemspec Nature of transaction : Grant of options Nature of interests : Direct beneficial No of options : 10 million Option strike price : 55 cents per option Option strike date : 3 January 2013 Period of exercise and/or * after 3 years have elapsed from vesting the date on which the option is granted, in respect of not more than one-third of the shares which are the subject of that option; * after 4 years have elapsed from the date on which the option is granted, in respect of not more than two-thirds of the shares which are the subject of that option; and * after 5 years have elapsed from the date on which the option is granted, in respect of all the shares which are the subject of that option. Total value of transaction : R5,500,000 2. Name of company : CHEMICAL SPECIALITIES LIMITED Name of director : G Metzer, an executive director of Chemspec Class of securities : Options in Chemspec Nature of transaction : Grant of options Nature of interests : Direct beneficial No of options : 6.5 million Option strike price : 55 cents per option Option strike date : 3 January 2012 Period of exercise and/or * after 3 years have elapsed from vesting the date on which the option is granted, in respect of not more than one-third of the shares which are the subject of that option; * after 4 years have elapsed from the date on which the option is granted, in respect of not more than two-thirds of the shares which are the subject of that option; and * after 5 years have elapsed from the date on which the option is granted, in respect of all the shares which are the subject of that option. Total value of transaction : R3,575,000 * Clearance to trade has been obtained in terms of section 3.66 of the Listings Requirements. Durban 03 January 2012 Designated Advisor: Grindrod Bank Limited Date: 03/01/2013 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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