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Thu 3 Jan 2002, 0:00 Mgx Holdings Limited - Dealing In Securities
In compliance with Rule 3.72 to 3.75 of the JSE Securities Listings
Requirements the following information is disclosed:
Purchaser                  : RS Price
Date of transaction        : 28 and 31 December 2001
Price                      : Between 1085 and 1195 cents per share
Amount of Shares :
  In the name of RS Price  : 14,391
  In the name of various
  Family Trusts            : 16,273
  Total                    : 30,664
Class of Security          : Ordinary Shares of MGX Holdings Limited
Nature of Transaction      : Purchase
Extent of interest         : Direct and beneficial ownership
                             for those in the name of RS Price.
                             Indirect and non-beneficial ownership
                             for the Family Trusts.
Ends

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