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Fri 5 Apr 2002, 0:00 Mgx Holdings Limited - Dealing In Securities
In compliance with Rule 3.72 to 3.75 of the JSE Listings Requirements, the
following purchase of securities by a director is disclosed:
1    Name                          RS Price
     Date of Transaction           3rd April 2002
     Class of Security             Ordinary Shares of MGX Holdings Limited
     Amount of Shares              50,668
     Price                         473 shares @ 780 cents per share
                                   50,068 shares @ 790 cents per share
                                   127 shares @ 800 cents per share
     Nature of Transaction         Purchase
     Extent of Interest            Indirect and non-beneficial ownership
2    Name                          RS Price
     Date of Transaction           4th April 2002
     Class of Security             Ordinary Shares of MGX Holdings Limited
     Amount of Shares              13,300
     Price                         9,000 shares @ 810 cents per share
                                   4,300 shares @ 813 cents per share
     Nature of Transaction         Purchase
     Extent of Interest            Indirect and non-beneficial ownership

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