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Wed 7 Nov 2007, 14:33 GDF - Gold Reef Resorts Limited - Dealing in secur
GDF
 GDF                                                                             
GDF - Gold Reef Resorts Limited - Dealing in securities by directors            
Gold Reef Resorts Limited                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
("Gold Reef Resorts")                                                           
Share code: GDF & ISIN: ZAE000028338                                            
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rule 3.63 of the JSE Limited Listings Requirements, the      
following information relating to dealings in securities by directors are       
disclosed:                                                                      
Executive director:                S Joffe, who is a 68%                        
shareholder of Little Swift Investments 465   
                                  (Pty) Ltd, the entity which entered into the  
                                  transaction                                   
Director of:                       Gold Reef Resorts                            
Date of transaction:               5 November 2007                              
Number of shares:                  510 000                                      
Price per share:                   R33.05                                       
Total value of transaction:        R16 855 500                                  
Date of transaction:               6 November 2007                              
Number of shares:                  445 258                                      
Price per share:                   R33.05                                       
Total value of transaction:        R14 715 776.90                               
Date of transaction:               7 November 2007                              
Number of shares:                  27 342                                       
Price per share:                   R33.05                                       
Total value of transaction:        R903 653.10                                  
Extent of interest:                Indirect beneficial                          
Class of securities:               Ordinary shares                              
Nature of transaction:             Sale on the open market                      
Clearance to deal granted:         Yes                                          
Executive director:                J Friedman, who is a 32%                     
                                  shareholder of Little Swift Investments 465   
                                  (Pty) Ltd, the entity which entered into the  
                                  transaction                                   
Director of:                       Gold Reef Resorts                            
Date of transaction:               5 November 2007                              
Number of shares:                  240 000                                      
Price per share:                   R33.05                                       
Total value of transaction:        R7 932 000                                   
Date of transaction:               6 November 2007                              
Number of shares:                  209 533                                      
Price per share:                   R33.05                                       
Total value of transaction:        R6 925 065.65                                
Date of transaction:               7 November 2007                              
Number of shares:                  12 867                                       
Price per share:                   R33.05                                       
Total value of transaction:        R425 254.35                                  
Extent of interest:                Indirect beneficial                          
Class of securities:               Ordinary shares                              
Nature of transaction:             Sale on the open market                      
Clearance to deal granted:         Yes                                          
Johannesburg                                                                    
7 November 2007                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 07/11/2007 14:33:01 Produced by the JSE SENS Department.                  
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