SENS- Thursday, 08 March 2018

HUDACO INDUSTRIES LIMITED - Officer's dealing in securities

HDC 201803080038A Officer's dealing in securities Hudaco Industries Limited ('Hudaco' or 'the company') Incorporated in the Republic of South Africa Registration number: 1985/004617/06 Share code: HDC ISIN code: ZAE000003273 OFFICER'S DEALING IN SECURITIES Name of the company : Hudaco Name of the officer : R van Zyl Designation : Group secretary Date of transaction : 6 March 2018 Nature of transactions 1 : 1. Exercise of 2 666 share and 2 appreciation rights with a strike price of R90.80 under the Hudaco Industries Share Appreciation Plan at a VWAP price of 159.63. Settled by the delivery of 1149 Hudaco ordinary shares (off market). 2. Sale of 1 149 Hudaco ordinary shares at the current market price of R159.02 per share (on market). Value of transactions 1 : R182 713.98 and 2 Nature of transactions 3 3. Purchase of 381 Hudaco and 4 ordinary shares at the current market price of R157.10 per share (on market) in terms of the rules of Hudaco's Share Matching Scheme. 4. Purchase of 38 Hudaco ordinary shares at the current market price of R157.35 per share (on market) in terms of the rules of Hudaco's Share Matching Scheme. Value of transactions 3 : R65 834.40 and 4 Nature of interest : Direct beneficial Written clearance obtained : Yes Johannesburg 8 March 2018 Sponsor Nedbank Corporate and Investment Banking Date: 08/03/2018 01:45:00 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.