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Thu 15 Aug 2002, 0:00 Thabex - Dealing In Securities By Directors
THABEX EXPLORATION LIMITED                                                      
("Thabex")                                                                      
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 DIRECTORS                                     
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 (Name)                    Marius Welthagen                             
Director(Executive/Non-executive)  Executive                                    
Date of transaction                13 August 2002                               
Nature of trade                    Purchase                                     
Number of shares purchased         8000                                         
Cents per share (Average)          58c                                          
Purchase Price (R)                 R4640                                        
Date of transaction                14 August 2002                               
Nature of trade                    Purchase                                     
Number of shares purchased         6700                                         
Cents per share (Average)          57c                                          
Purchase Price (R)                 R3480                                        
Class of shares                    Ordinary                                     
Nature and extent of interest in   Indirect beneficial                          
transactions                                                                    
Date: 15/08/2002 12:42:07 PM Produced by the JSE SENS Department                



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