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Mon 7 May 2007, 9:19 SER - Seardel - Directors` Dealings in Securities
SER   SRN
 SER                                                                             
SER - Seardel - Directors` Dealings in Securities                               
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:                       4 May 2007                           
Number of securities:                      40,000                               
Price per security:                        R7.75                                
Total value:                               R310,000.00                          
Class of security:                         N ordinary shares                    
Nature of transaction:                     Sale                                 
Nature and extent of director`s interest:  Direct beneficial                    
                                                                                
Clearance to deal was received in terms of paragraph 3.66 of the Listings       
Requirements.                                                                   
Rosebank                                                                        
7 May 2007                                                                      
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 07/05/2007 09:19:11 Produced by the JSE SENS Department.
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