Merafe Resources Limited

(Incorporated in the Republic of South Africa) (Registration number: 1987/003452/06)

JSE share code: MRF

ISIN: ZAE000060000 ("Merafe")

DEALINGS IN SECURITIES BY A DIRECTOR OF MERAFE

In compliance with paragraphs 3.63-3.66 of the Listings Requirements of the JSE Limited("Listings Requirements")the following information is provided:

Name of director:

Ditabe Chocho (Financial Director)

Date of transaction:

03 December 2018

Nature of transaction:

Purchase of securities

Class of securities:

Ordinary shares

Number of securities purchased:

138 000

Price paid per share:

R1.45

Total value of transaction:

R200 100.00

Nature of interest:

Direct beneficial

Transaction completed:

On market

Clearance in terms of paragraph 3.66 of the

Yes

Listings Requirements obtained:

Sandton

4 December 2018

Sponsor

One Capital

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Merafe Resources Ltd. published this content on 04 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 December 2018 09:01:07 UTC