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Tue 30 Oct 2007, 16:37 MRF - Merafe Resources Limited - Directors Share D
MRF
 MRF                                                                             
MRF - Merafe Resources Limited - Directors Share Dealings                       
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")                                           
DIRECTORS SHARE DEALINGS                                                        
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
Listings Requirements the following information is disclosed:                   
Director                     Bruce McBride                                      
Company                      Merafe Resources Limited                           
Date of transaction          29 October 2007                                    
Nature of transaction        Exercise of options and sale of shares             
Class of securities          Ordinary shares                                    
Number of securities         3 125 362 shares                                   
Strike price                 45 cents per share                                 
Average sale price           2.047 cents per share                              
Total value of transactions  R6 397 198.11                                      
Nature of interest           Direct beneficial                                  
Clearance obtained           Yes                                                
Sandton                                                                         
30 October 2007                                                                 
Sponsor:                                                                        
Deutsche Securities SA (Proprietary) Limited                                    
Date: 30/10/2007 16:37:43 Produced by the JSE SENS Department.                  
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