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Wed 24 Oct 2007, 15:24 WBO - Wilson Bayly Holmes - Ovcon Ltd - Dealing in
WBO
 WBO                                                                             
WBO - Wilson Bayly Holmes - Ovcon Ltd - Dealing in securities                   
Wilson Bayly Holmes - Ovcon Ltd                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1982/011014/06)                                            
Share code:  WBO   ISIN: ZAE000009932                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following is disclosed:                                                         
Director:                B G Holmes                                             
Date of transaction:     22 October 2007                                        
Class of shares:         Ordinary shares in Wilson Bayly Holmes - Ovcon Ltd     
Nature of transaction:   Zero cost collar                                       
Nature of interest:      Shares held by Mr Holmes`s family company of which he  
                        is a director                                           
Total number of options: 500 000                                                
Put strike price:        R126.05                                                
1.   Number of options:  83 333                                                 
    Call strike:        R172.66 per share                                       
    Expiry date         24 September 2009                                       
2.   Number of options:  83 333                                                 
Call strike:        R173.41 per share                                       
    Expiry date         8 October 2009                                          
3.   Number of options:  83 333                                                 
    Call strike:        R174.11 per share                                       
Expiry date         22 October 2009                                         
4.   Number of options:  83 333                                                 
    Call strike:        R176.12 per share                                       
    Expiry date         5 November 2009                                         
5.   Number of options:  83 334                                                 
    Call strike:        R176.96 per share                                       
    Expiry date         19 November 2009                                        
6.   Number of options:  83 334                                                 
Call strike:        R177.69 per share                                       
    Expiry date         3 December 2009                                         
Clearance in terms of Rule 3.66 of the JSE Listings Requirements was obtained.  
24 October 2007                                                                 
Johannesburg                                                                    
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 24/10/2007 15:24:29 Produced by the JSE SENS Department.                  
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