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Thabex Exploration Limited                                                      
("Thabex" or "the Company")                                                     
Registration No 1988/000763/06                                                  
(Incorporated in the Republic of South Africa)                                  
JSE share code: TBX                                                             
ISIN Code: ZAE000013686                                                         
Young Lions Exploring Africa                                                    
THABEX - DEALING IN SECURITIES BY DIRECTOR                                      
In accordance with the requirements of paragraph 3.72 to 3.75 of the JSE        
Securities Exchange South Africa Listing Requirements, the following should     
be noted:                                                                       
Director:                    Marius Welthagen                                   
Director                     Executive                                          
(Executive/Non-executive)                                                       
Date of transaction:         25 June 2002                                       
Nature of trade:             Purchase                                           
Class of security:           Ordinary shares of 10 cents each                   
Number of shares:            4 000                                              
Price per share:             51 cents                                           
Nature of interest:          Indirect beneficial                                
Date: 26/06/2002 10:16:00 AM Produced by the SENS Department                    

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