Blue Label Telecoms Limited

(Incorporated in the Republic of South Africa) (Registration number 2006/022679/06)

Share code: BLU ISIN: ZAE000109088

("Blue Label")

DEALING IN SECURITIES BY BLUE LABEL TELECOMS LIMITED FOR THE FORFEITABLE SHARE PLAN

In compliance with paragraphs 3.63 to 3.66 and 3.92 of the JSE Listings Requirements, the following dealings are disclosed:

Company: Blue Label Telecoms Limited

Date of transaction: 18 October 2016

Nature and detail of transaction: On market acquisition of Blue Label shares to satisfy the

Plan's obligation towards its participants, Indirect Beneficial

Class of securities: Ordinary shares

Number of shares acquired: 348,651

Highest Price: R21,32

Lowest Price: R21,00

Volume Weighted Average Price: R21.16

Total value of transaction: R7,380,662-75

Prior clearance to deal in these shares was obtained in order to satisfy obligations in terms of the Forfeitable Share Plan which were allocated and accepted in 2016.

Sandton

20 October 2016

Sponsor:

Investec Bank Limited

Blue Label Telecoms Ltd. published this content on 20 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2016 07:58:08 UTC.

Original documenthttp://www.bluelabeltelecoms.co.za/pdf/sens/2016/Acquisition-of-share-plan-shares-20161020.pdf

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