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Fri 15 Nov 2002, 15:10 Iliad Africa Limited - Dealings In Securities By D
Iliad Africa Limited - Dealings In Securities By Directors                      
ILIAD AFRICA LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/011938/06)                                            
Share code:  ILA               ISIN:   ZAE000015038                             
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with rule 3.72 - 3.75 of the JSE Listings Requirements, the       
following is disclosed:                                                         
Director`s name:                        N P Goosen                              
His position:                           Financial Director                      
Date of transaction:                    14 November 2002                        
Transaction type:                       Exercise of options                     
Number of shares:                       133 000                                 
Option Price:                           50 cents                                
Price sold on JSE:                      R2,3509                                 
Class of shares:                        Ordinary                                
Extent of interest:                     Direct-Beneficial                       
Director`s name:                        R B Patmore                             
His position:                           Chief Executive Officer                 
Date of transaction:                    14 November 2002                        
Transaction type:                       Exercise of options                     
Number of shares:                       333 000                                 
Price:                                  63 cents                                
Class of shares:                        Ordinary                                
Price sold on JSE:                      R2,3509                                 
Number of shares:                       318 000                                 
Price:                                  70 cents                                
Price sold on JSE:                      R2,3509                                 
Class of shares:                        Ordinary                                
Extent of interest:                     Direct-Beneficial                       
15 November 2002                                                                
BoE Securities (Pty) Limited                                                    
end                                                                             
Date: 15/11/2002 02:33:01 PM Produced by the JSE SENS Department                
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