Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Ramsay

2

Reason for the notification

a)

Position/status

Non Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

RHI Magnesita N.V.

b)

LEI

None yet allocated

National company register number: 68991665

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

RHI Magnesita NV - Ordinary shares

Identification code

Securities no.: 38785413, ISIN no.: NL0012650360

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 39.867

2,130

d)

Aggregated information

- Aggregated volume

2,130

- Price

GBP 84,917

e)

Date of the transaction

19 December 2017

f)

Place of the transaction

London Stock Exchange - Main Market