Blue Label Telecoms : Dealing in Securities by Blue Label Telecoms Limited for the Forfeitable Share Plan

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:	04 April 2022
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:	131,474
Average Price:	R6.3149
Highest Price:	R6.40
Lowest Price:	R6.25
Total value of transaction:	R830,245.16
Company:	Blue Label Telecoms Limited
Date of transaction:	05 April 2022
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:	1,824,010
Average Price:	R6.4883
Highest Price:	R6.50
Lowest Price:	R6.35
Total value of transaction:	R11,834,724.08

Prior clearance to deal in these shares was obtained.

Sandton

06 April 2022

Sponsor:

Investec Bank Limited