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Thu 31 Oct 2002, 16:12 Spescom Limited - Dealing In Securities By Directo
Spescom Limited - Dealing In Securities By Directors                     
SPESCOM LIMITED                                                                 
(Registration number 1987/001083/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: SPS         ISIN: ZAE000017919                                      
Dealing In Securities By Directors                                              
In compliance with section 3.72 to 3.75 of the JSE Securities Exchange South    
Africa Listing Requirements, the following information is disclosed:-           
Name of Director              :  Mr A Farah                                     
Date of Transaction           :  28 October 2002                                
Number of Shares (Ordinary)   :  200 000                                        
Class of security             :  Ordinary shares                                
Price of  Shares              :  ex-gratia                                      
Nature of Transaction         :  Transfer*                                      
Nature and extent of Director`s                                                 
Interest in the Transaction   :  In-direct, Beneficial                          
*                                                                               
This transaction is the transfer of 200 000 Spescom shares to an ex-employee ex-
gratia to effect an agreement reached between Mr A Farah and the ex-employee in 
February 2002.                                                                  
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 31/10/2002 04:07:22 PM Produced by the JSE SENS Department                



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