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PALS HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR                       
Pals Holdings Limited                                                           
(Incorporated in the Republic of South Africa)                                  
Registration number 1987/002753/06                                              
Share code:  PAL                                                                
ISIN:  ZAE  000005237                                                           
Dealing in Securities by Director                                               
In terms of paragraph 3.72 to 3.75 of the JSE Securities Exchange South Africa  
Listing Requirements the following information is disclosed:                    
Surname                         :  Noik                                         
First name                      :  Harold                                       
Designation                     :  Joint managing director                      
Date of transaction             :  3 October 2002                               
Price                           :  R1,60                                        
Amount                          :  2000                                         
Class                           :  Ordinary                                     
Nature                          :  Purchase                                     
Interest                        :  Direct Beneficiary                           
Cape Town                                                                       
3 October 2002                                                                  
Date: 03/10/2002 12:45:00 PM Produced by the JSE SENS Department                

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