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: 19 October 2017

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: 158,097

Price per share: R16-8697

Total value of transaction: R2,667,048-96

Company: Blue Label Telecoms Limited

Date of transaction: 20 October 2017

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: 7,083

Price per share: R16-75

Total value of transaction: R118,640-25

Prior clearance to deal in these shares was obtained. Sandton

20 October 2017

Sponsor:

Investec Bank Limited

Blue Label Telecoms Ltd. published this content on 20 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2017 10:01:11 UTC.

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