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Tue 30 Jul 2002, 0:00 Explorer Corporation Holdings Limited - Directors
Explorer Corporation Holdings Limited - Directors Dealing in Securities         
EXPLORER CORPORATION HOLDINGS LIMITED                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/010950/06)                                            
("Explorer" or "the Company")                                                   
SHARE CODE: EPL      ISIN: ZAE000039970                                         
DIRECTORS DEALING IN SECURITIES                                                 
In compliance with the requirements of rule 3.72 to 3.75 of the JSE Listings    
Requirements, the following should be noted:                                    
Director            :    Mr Y Bazian                                            
Date of Transaction :    29 July 2002                                           
No of shares        :    4 000                                                  
Price               :    60 cents                                               
No of shares        :    12 000                                                 
Price               :    61 cents                                               
No of shares        :    20 000                                                 
Price               :    62 cents                                               
No of shares        :    4 000                                                  
Price               :    63 cents                                               
Total amount        :    R 24 640.00                                            
Class               :    Ordinary shares                                        
Nature              :    Purchase                                               
Extent of interest       :    Indirect beneficial                               
ENDS
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