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Thu 7 Mar 2002, 0:00 MGX Holdings Limited - Dealings In Securities By D
MGX HOLDINGS LIMITED                                                            
In compliance with Rule 3.72 to 3.75 of the JSE Listings Requirements, the      
following purchase of securities by a director is disclosed:                    
Name                     :  R.S. Price                                          
Date of Transaction      :  6th March 2002                                      
Price                    :  766 cents per share                                 
Amount of Shares         :  60,000                                              
Class of Security        :  Ordinary Shares of MGX Holdings Limited             
Nature of Transaction    :  Purchase                                            
Extent of Interest       :  Indirect and non-beneficial ownership.              
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