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Thu 19 Dec 2002, 13:23 GoldReef - Grant And Acceptance Of Options By Dire
GoldReef - Grant And Acceptance Of Options By Director                          
Gold Reef Casino Resorts Limited                                                
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
Share code : GDF     ISIN : ZAE000028338                                        
("GoldReef")                                                                    
GRANT AND ACCEPTANCE OF OPTIONS BY DIRECTOR                                     
In terms of paragraph 3.72 - 3.75 of the JSE Listings Requirements, the         
following information relating to trades by directors of GoldReef is disclosed. 
Director                 C Neuberger (Executive)                                
Date of transaction      18 December 2002                                       
Price                    R2,50 per share                                        
Share Class              Ordinary shares                                        
Number of securities     100 000                                                
Nature of transaction    Grant and acceptance of options exercisable            
at any time with delivery in three equal tranches       
                        over the next four years                                
Extent of interest       Direct, Beneficial                                     
Johannesburg                                                                    
19 December 2002                                                                
Sponsor                                                                         
Nedcor Investment Bank Limited                                                  
Date: 19/12/2002 01:08:35 PM Produced by the JSE SENS Department                
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