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 INDEPENDENT NON EXECUTIVE DIRECTOR'S ASSOCIATE

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

Independent Non-Executive:

JS Mthimunye

Associate company:

Grapevine Property Investments 103 CC

Date of transaction:

19 October 2018

Nature and detail of transaction:

On market acquisition of Blue Label shares, Indirect

Beneficial

Class of securities:

Ordinary shares

Number of shares acquired:

20 000

Average Price per share:

R4-91

Total value of transaction:

R98,200-00

Independent Non-Executive:

JS Mthimunye

Date of transaction:

19 October 2018

Nature and detail of transaction:

On market acquisition of Blue Label shares, Direct

Beneficial

Class of securities:

Ordinary shares

Number of shares acquired:

20 000

Highest Price:

R4-93

Lowest Price:

R4-91

Volume weighted average price:

R4-93

Total value of transaction:

R98,578-10

Independent Non-Executive:

LM Nestadt

Associate company:

The LM Nestadt Trust

Date of transaction:

19 October 2018

Nature and detail of transaction:

On market acquisition of Blue Label shares, Indirect

Beneficial

Class of securities:

Ordinary shares

Number of shares acquired:

100,000

Price per share:

R4-8830

Total value of transaction:

R488,300-00

Independent Non-Executive:

LM Nestadt

Associate company:

The LM Nestadt Trust

Date of transaction:

22 October 2018

Nature and detail of transaction:

On market acquisition of Blue Label shares, Indirect

Beneficial

Class of securities:

Ordinary shares

Number of shares acquired:

100,000

Price per share:

R5-00

Total value of transaction:

R500,00-00

Prior clearance to deal in these shares was obtained.

Sandton

23 October 2018 Sponsor:

Investec Bank Limited

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Blue Label Telecoms Ltd. published this content on 23 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 October 2018 13:42:10 UTC