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Thu 29 Mar 2007, 11:55 SCN - Scharrig Mining Limited - Exercise of share
SCN
 SCN                                                                             
SCN - Scharrig Mining Limited - Exercise of share options by Directors          
SCHARRIG MINING LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1992/001973/06)                                            
(Share code: SCN & ISIN:  ZAE000006474)                                         
("Scharrig" or "the Company")                                                   
EXERCISE OF SHARE OPTIONS BY DIRECTORS                                          
Vunani Corporate Finance (Pty) Limited is authorised to announce that as at 26  
March 2007, the following exercised share options in the Company:               
Director               Allot at 53      Value (R)                               
                      cents                                                     
C Scharrighuisen       31 200           16 536 - 00                             
C Moorcroft            31 200           16 536 - 00                             
TR Hendry              31 200           16 536 - 00                             
J Holland              31 200           16 536 - 00                             

All options were exercised on ordinary shares, and clearance was obtained prior 
to the exercising of the options.  The shares are directly and beneficially     
held.                                                                           
Boksburg                                                                        
27 March 2007                                                                   
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 29/03/2007 11:55:00 Produced by the JSE SENS Department.
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