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Thu 28 Feb 2002, 0:00 Malbak Limited - Directors' Dealings In Securities
MALBAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1946/022234/06)
(Share code MLB     ISIN ZAE000004487)
Dealings in securities by directors
In compliance with the requirements of rules 3.72 to 3.75 of the Listing
Requirements of the JSE Securities Exchange South Africa, the following
information is disclosed:
Names of directors         :  Mr G D de Jager and Mr G J de Jager
Class of security          :  Ordinary shares
Date of share transfer     :  27 February 2002
Nature of transaction      :  Disposal (in an off market transaction)
Number of shares           :  5 606 437
Price                      :  R2.90 per share
Nature of interest         :  Indirect beneficial and indirect non-
                              beneficial
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