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Spanjaard Limited
(Registration number 1960/004393/06)
Share code: SPA
ISIN      : ZAE00006938
In compliance with rule 3.72 of the JSE Listing Requirements, the following
information is disclosed:
Director                 :    R J W Spanjaard
Date of transaction      :    24 April 2002
Number of shares sold    :    50 000 ordinary shares
Price sold at            :    R1,95 per ordinary share
Nature of transaction    :    Sale of shares on open
                              market
Extent of interest       :    Direct beneficial

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