Grant And Acceptance Of Shares Under Long Term

May 25, 2010 at 11:30 AM EDT
JSE                                                                             
JSE - JSE Limited - Grant And Acceptance Of Shares Under Long Term              
Incentive Scheme 2010 ("LTIS 2010") And Dealing In Securities By                
Directors                                                                       
JSE Limited                                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/022939/06)                                           
ISIN: ZAE000079711                                                              
Share Code: JSE                                                                 
("JSE" or "the Company" or "the Group")                                         
GRANT AND ACCEPTANCE OF SHARES UNDER LONG TERM INCENTIVE SCHEME 2010 ("LTIS     
2010") AND DEALING IN SECURITIES BY DIRECTORS                                   
1) GRANT AND ACCEPTANCE OF SHARE AWARDS UNDER LTIS 2010                         
Members of the JSE's executive committee, which includes the executive          
directors and Company Secretary, have been granted restricted shares in the     
Company, in accordance with the terms of the Company's new long term            
incentive and retention scheme as follows:                                      
a)   Retention shares, the vesting of which are subject to an executive         
committee member remaining in the employ of the JSE for the vesting term:       
Executive     Number of  Value of JSE   Holding                                 
Committee     JSE        ordinary                                               
member        ordinary   shares                                                 
             shares                                                             
LOUBSER       15,200     R1,010,496.00  Direct beneficial                       
NEWTON-KING   8,700      R578,376.00    Direct beneficial                       
PARSONS       8,700      R578,376.00    Direct beneficial                       
BURKE         8,500      R565,080.00    Direct beneficial                       
EVANS         6,500      R432,120.00    Direct beneficial                       
MOLOI         4,000      R265,920.00    Direct beneficial                       
IMMELMAN      5,100      R339,048.00    Direct beneficial                       
GREENHILL     5,100      R339,048.00    Direct beneficial                       
DLAMINI       5,100      R339,048.00    Direct beneficial                       
FORSSMAN      5,300      R352,344.00    Direct beneficial                       
GRAVELET-     5,600      R372,288.00    Direct beneficial                       
BLONDIN                                                                         
CLARKE        5,700      R378,936.00    Direct beneficial                       
DAVIES        5,700      R378,936.00    Direct beneficial                       
VAN WAMELEN   6,900      R458,712.00    Direct beneficial                       
ROTHSCHILD    5,700      R378,936.00    Direct beneficial                       
SMALE         7,300      R485,304.00    Direct beneficial                       
DAVIDSON      7,500      R498,600.00    Direct beneficial                       
THOMSON       7,500      R498,600.00    Direct beneficial                       
b)   Performance shares, the vesting of which are subject to both corporate     
performance conditions and an executive remaining in the employ of the JSE      
for the vesting term:                                                           
Executive       Number of    Value of JSE       Holding                         
Committee       JSE          ordinary shares                                    
member          ordinary                                                        
               shares                                                           
LOUBSER         30,300       R2,014,344.00      Direct beneficial               
NEWTON-KING     13,100       R870,888.00        Direct beneficial               
PARSONS         13,100       R870,888.00        Direct beneficial               
BURKE           12,700       R844,296.00        Direct beneficial               
EVANS           9,800        R651,504.00        Direct beneficial               
MOLOI           4,000        R265,920.00        Direct beneficial               
IMMELMAN        5,100        R339,048.00        Direct beneficial               
GREENHILL       5,100        R339,048.00        Direct beneficial               
DLAMINI         5,100        R339,048.00        Direct beneficial               
FORSSMAN        5,300        R352,344.00        Direct beneficial               
GRAVELET-       5,600        R372,288.00        Direct beneficial               
BLONDIN                                                                         
CLARKE          5,700        R378,936.00        Direct beneficial               
DAVIES          5,700        R378,936.00        Direct beneficial               
VAN WAMELEN     6,900        R458,712.00        Direct beneficial               
ROTHSCHILD      5,700        R378,936.00        Direct beneficial               
SMALE           7,300        R485,304.00        Direct beneficial               
DAVIDSON        7,500        R498,600.00        Direct beneficial               
THOMSON         7,500        R498,600.00        Direct beneficial               
One-half of the retention and performance shares will vest on                   
1 May 2013 and the remaining half on 1 May 2014, subject to the applicable      
vesting conditions being achieved.  All share awards are subject to the LTIS    
2010 Rules, as approved by shareholders at the annual general meeting held      
on 22 April 2010.                                                               
Approval for the individual allocations and clearance to transact has been      
granted by the Chairman of the Board.                                           
All individual allocations as indicated above have been accepted by the         
members of the executive committee on 25 May 2010.                              
2) DEALING IN SECURITIES BY DIRECTORS                                           
The JSE LTIS 2010 TRUST (the "Trust") has acquired a total of 482 900 JSE       
ordinary shares on the open market on 21 May 2010 in order to fulfil the        
above share awards granted to members of the executive committee and other      
senior members of JSE staff.                                                    
The permission to acquire JSE ordinary shares in the open market was granted    
by shareholders in terms of special resolution #1 as approved by the            
requisite majority of shareholders at the AGM on 22 April 2010.                 
These ordinary shares are held in trust and are restricted until all vesting    
conditions are fulfilled whereupon the shares vest.  Should the vesting         
conditions not be fulfilled the share awards are forfeited.                     
These JSE ordinary shares were acquired at a volume-weighted average price      
of R66.48 per ordinary share (high for day: 6650 and low for the day: 6545).    
Sandton                                                                         
25 May 2010                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 25/05/2010 14:57:20 Produced by the JSE SENS Department.