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Thu 29 Jan 2004, 9:52 DEALING IN SECURITIES BY A COMPANY SECRETARY
Johnnic Communications Limited - Dealing In Securities By A Company Secretary   
Johnnic Communications Limited                                                  
Registered in the Republic of South Africa                                      
(Registration number 1889/000352/06)                                            
Share code: JCM     ISIN: ZAE000024584                                          
("Johncom")                                                                     
DEALING IN SECURITIES BY A COMPANY SECRETARY                                    
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by the company secretary, is disclosed:                   
Company Secretary                  Joanne Matisonn                              
Company Secretary of               Johncom                                      
Transaction date                   28 January 2004                              
Strike Price                       R135 per share.  These shares were allocated 
                                   prior to the MTN Group unbundling.           Therefore, they qualify for 5,3 MTN Group    
                                   Limited shares and 1,0 Johncom share at the  
                                   allocation price.                            
Exercise Price                     R195,55 per share                            
Vesting Period                     25% after 1 year;                            
                                   50% after 2 years;                           
                                   75% after 3 years; and                       
                                   100% after four years                        
Number of securities               3 500                                        
Value of transaction               R225 925                                     
Share Class                        Ordinary shares                              
Nature of transaction              Exercise of options                          
Extent of interest                 Direct beneficial                            
Written clearance to deal          Yes                                          
Johannesburg                                                                    
29 January 2004                                                                 
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 29/01/2004 09:25:05 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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