MML                                                                             
MML - Metmar Limited - Dealings in securities by directors                      
Metmar Limited                                                                  
Incorporated in the Republic of South Africa                                    
Registration number: 1998/007269/06                                             
Share code: MML                                                                 
ISIN code: ZAE000078747                                                         
("Metmar" or "the Company")                                                     
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), shareholders are advised that certain directors may  
derive a beneficial interest in terms of Metmar's management and employee bonus 
incentive scheme ("the Bonus Scheme").                                          
BoE Stockbrokers (Pty) Limited has acquired shares on behalf of certain         
directors in respect of the Bonus Scheme and the release thereof to the         
directors referred to below (20% of the total number of shares released per     
annum for a period of 5 years), is conditional on the director being employed by
the Company on that date.                                                       
In order to comply with the Listings Requirements, the directors' potential     
interest in these dealings are disclosed below:                                 
Name of director:                            Mrs MF de Wet                      
Name of company of which she is a director:  Metmar Trading (Pty) Limited       
Date on which transaction was effected:      3 May 2012                         
Nature of transaction:                       Purchase in terms of the Bonus     
                                            Scheme                              
Class of security:                           Ordinary shares                    
Number of ordinary shares:                   26 005                             
Price per security:                          R2.65                              
Total value of transaction:                  R68 913.25                         
Nature of director`s interest:               Indirect beneficial Confirmation of
on-market or off-market:                     On-market                          
Vesting period:                              20% of the total number of shares  
                                            (26 005 shares), released per annum 
                                            for a period of 5 years             
Name of director:                            Mr SMS Nkosi                       
Name of company of which he is a director:   Metmar                             
Date on which transaction was effected:      3 May 2012                         
Nature of transaction:                       Purchase in terms of the Bonus     
                                            Scheme                              
Class of security:                           Ordinary shares                    
Number of ordinary shares:                   42 172                             
Price per security:                          R2.65                              
Total value of transaction:                  R111 755.80                        
Nature of director`s interest:               Indirect beneficial Confirmation of
on-market or off-market:                     On-market                          
Vesting period:                              20% of the total number of shares  
                                            (42 172 shares), released per annum 
                                            for a period of 5 years             
In compliance with paragraph 3.66 of the Listings Requirements, prior clearance 
to deal in the above securities was obtained from the Chairman of the Board. The
above trades were completed outside of a closed period.                         
4 May 2012                                                                      
Bryanston                                                                       
Sponsor                                                                         
One Capital                                                                     
Date: 04/05/2012 15:26:01 Produced by the JSE SENS Department.                  
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