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Thu 22 May 2008, 7:30 MRF - Merafe Resources - Director`s dealing in Mer
MRF
MRF                                                                             
MRF - Merafe Resources - Director`s dealing in Merafe Resources 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 Resources 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         
Resources securities:                                                           
Director:                     Stuart Elliot                                     
Company:                      Merafe Resources                                  
Date of transaction:          20 May 2008                                       
Nature of transaction:        Purchase of securities                            
Class of securities:          Single stock futures                              
Number of securities:         3,100 contracts (each contract consists of        
                             100 shares, and the contracts expire in March      
                             2009)                                              
Purchase price:               355 cents per share                               
Total value of transaction:   R1 100 500                                        
Nature of interest:           Direct beneficial                                 
Clearance obtained:           Yes                                               
Sandton                                                                         
22 May 2008                                                                     
Sponsor:                                                                        
Deutsche Securities SA (Proprietary) Limited                                    
Date: 22/05/2008 07:30:05 Produced by the JSE SENS Department.                  
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