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Mon 29 Oct 2007, 17:00 MRF - Merafe Resources Limited - Dealing in securi
MRF
 MRF                                                                             
MRF - Merafe Resources Limited - Dealing in securities by Directors             
MERAFE RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06                                             
Share Code: MRF                                                                 
ISIN: ZAE000060000                                                              
("Merafe Resources" or "the Company")                                           
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings          
Requirements, the following information is disclosed:                           
 Director                         Stuart Elliot                                 
Company                          Merafe Resources Limited                      
 Date of transaction              26 October 2007                               
 Nature of transaction            Purchase of share options                     
 Class of securities              Ordinary shares                               
Number of securities             1 997 937 shares                              
 Purchase price                   40 cents per share                            
 Number of securities             8 027 425 shares                              
 Purchase price                   45 cents per share                            
Total value of transactions      R 4 411 516.05                                
 Nature of interest               Direct beneficial                             
 Clearance obtained               Yes                                           
                                                                                
Director                         Stuart Elliot                                 
 Company                          Merafe Resources Limited                      
 Date of transaction              25 October 2007                               
 Nature of transaction            Sale of shares                                
Class of securities              Ordinary shares                               
 Number of securities             1 165 112 shares                              
 Average sale price               200.64 cents per share                        
 Total value of transactions      R 2 337 680.72                                
Nature of interest               Direct beneficial                             
 Clearance obtained               Yes                                           
                                                                                
 Director                         Stuart Elliot                                 
Company                          Merafe Resources Limited                      
 Date of transaction              25 October 2007                               
 Nature of transaction            Sale of shares                                
 Class of securities              Ordinary shares                               
Number of securities             1 334 888 shares                              
 Average sale price               200.64 cents per share                        
 Total value of transactions      R 2 678 319.28                                
 Nature of interest               Indirect beneficial (Wife of                  
director-Diana Elliot)                        
 Clearance obtained               Yes                                           
Sandton  29 October 2007                                                        
Sponsor                                                                         
Deutsche Securities SA (Proprietary) Limited                                    
Date: 29/10/2007 17:00:01 Produced by the JSE SENS Department.                  
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