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Mon 11 Nov 2002, 14:14 Directors Dealings in Securities
NEW AFRICA INVESTMENTS LIMITED - DEALING IN SECURITIES BY DIRECTOR              
Ordinary shares                                                                 
JSE Code    :  NAI                                                              
ISIN        :  ZAE000033338                                                     
N Ordinary Shares                                                               
JSE Code    :  NAN                                                              
ISIN        :  ZAE000033346                                                     
In compliance with paragraph 3.72 to 3.75 of the JSE Securities Exchange South  
Africa Listings Requirements, the following should be noted:                    
Date           No of     Class of Nail       Price in                           
               shares    shares              cents                              
4 June 2002    193 401   N shares            640,00                             
05 June 002    150 000   N shares            630,00                             
10 June 2002   82 614    N shares            634,99                             
11 June 2002   43 386    N shares            632,95                             
13 June 2002   2 100     N shares            630,00                             
19 June 2002   50 000    N shares            630,00                             
20 June 2002   50 000    N shares            639,57                             
25 June 2002   30 000    N shares            626,67                             
28 June 2002   30 000    N shares            630,00                             
10 July 2002   30 000    N shares            650,00                             
The shares were purchased by Safika Holdings (Proprietary) Limited, an associate
company of Mr Moss Ngoasheng, and the purchases are therefore indirect,         
beneficial purchases.                                                           
Date: 11/11/2002 12:30:01 PM Produced by the JSE SENS Department                

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