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Fri 7 Nov 2008, 15:08 SER/SRN - Seardel - Dealings In Securities
SER   SRN
SER                                                                             
SER/SRN - Seardel - Dealings In Securities                                      
Seardel Investment Corporation Limited                                          
Registration no. 1968/011249/06                                                 
(Incorporated in the Republic of South Africa)                                  
JSE Code: SER     ISIN Code:  ZAE000029815                                      
JSE Code: SRN     ISIN Code:  ZAE000030144                                      
("Seardel" or the "company")                                                    
DEALINGS IN SECURITIES                                                          
Shareholders are advised of the following dealings in the company`s securities: 
                                                                                
Name of director:                          Walter Simeoni                       
Company of which a director:               Seardel                              
Date of transaction:                       27 October 2008                      
Number of securities:                      199,800                              
Price per security:                        50 cents                             
Total value:                               R99,900.00                           
Class of security:                         Ordinary shares                      
Nature of transaction:                     Exercise of rights in terms          
                                          of the Seardel rights offer           
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                No                                   
                                                                                
Name of entity in which director has an    Purple Moss 1174 CC                  
interest:                                  ("Purple Moss")                      
Name of director:                          Stuart Queen                         
Company of which a director:               Seardel                              
Date of transaction:                       27 October 2008                      
Number of securities:                      1,998 (representing the              
                                          indirect beneficial                   
                                          interest)                             
Price per security:                        50 cents                             
Total value:                               R999.00                              
Class of security:                         Ordinary shares                      
Nature of transaction:                     Exercise of rights in terms          
                                          of the Seardel rights offer           
by Purple Moss, in which Mr           
                                          Queen has a 20% interest              
Nature and extent of director`s interest:  Indirect beneficial                  
Clearance to deal received:                Not required                         
7 November 2008                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 07/11/2008 15:08:01 Produced by the JSE SENS Department.                  
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