MRF
MRF
MRF - Merafe Resources Limited - Directors dealing in Merafe securities
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")
Director`s dealing in Merafe securities
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealing by a director in Merafe
securities:
Director Steve Phiri
Company Merafe Resources Limited
Date of transaction 10 April 2008
Nature of transaction Exercise of options and sale of shares
Class of securities Ordinary shares
Number of securities 3 500 000 shares
Strike price 54 cents per share
Date options granted 30 April 2003
Average sale price 358.29 cents per share
Total value of transaction R12 540 370.00
Nature of interest Direct beneficial
Clearance obtained Yes
Sandton
11 April 2008
Sponsor
Deutsche Securities SA (Proprietary) Ltd
Date: 11/04/2008 13:16:01 Produced by the JSE SENS Department.
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