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Fri 30 Mar 2007, 9:09 MRF - Merafe Resources Limited - Dealing in securi
MRF
 MRF                                                                             
MRF - Merafe Resources Limited - Dealing in securities by a Director            
MERAFE RESOURCES LIMITED(Incorporated in the Republic of South                  
Africa)(Registration number 1987/003452/06) Share Code: MRF & ISIN: ZAE000060000
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings          
Requirements, the following information is disclosed:                           
Director                         : Zed van der Walt   Company                   
: Merafe Resources Limited  Date of transaction              : 28 March 2007    
Nature of transaction            : Exercise of share options and sale of shares 
Class of securities              : Ordinary shares   Number of securities       
: 3 434 098 shares    Strike price                     : 45 cents per share     
Average sale price               : 134 cents per share                          
Total value of transactions      : R 4 587 270.87                               
Nature of interest               : Direct beneficial   Clearance obtained       
: Yes                                                                           
Sandton    30 March 2007                                                        
Sponsor     ABSA Capital                                                        
Date: 30/03/2007 09:08:56 Produced by the JSE SENS Department.                  
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