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Tue 10 Apr 2007, 10:32 SER/SRN - Seardel Investment Corporation Limited -
SER   SRN
 SER                                                                             
SER/SRN - Seardel Investment Corporation Limited - Directors` Dealings          
Seardel Investment Corporation Limited                                          
Registration no. 1968/011249/06                                                 
(Incorporated in the Republic of South Africa)                                  
JSE Code: SER & ISIN Code:  ZAE000029815                                        
JSE Code: SRN & ISIN Code:  ZAE000030144                                        
("Seardel" or the "company")                                                    
DIRECTORS` DEALINGS IN SECURITIES                                               
In compliance with section 3.63 of the Listings Requirements of the JSE Limited 
(the "Listings Requirements"), we hereby advise the following dealings by a     
director in the company`s securities:                                           

Name of director:                           Walter Simeoni                      
Date of transaction:                        5 April 2007                        
Number of securities:                       5,000                               
Price per security:                         R8.00                               
Total value:                                R40,000.00                          
Class of security:                          N ordinary shares                   
Nature of transaction:                      Sale                                
Nature and extent of directors` interest:   Direct beneficial                   
                                                                                
Clearance to deal was received in terms of paragraph 3.66 of the Listings       
Requirements.                                                                   
Rosebank                                                                        
10 April 2007                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 10/04/2007 10:32:00 Produced by the JSE SENS Department.
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