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Mon 24 Feb 2003, 17:35 INDEPENDENT FINANCIAL SERVICES LTD - PURCHASE OF S
INDEPENDENT FINANCIAL SERVICES LTD - PURCHASE OF SECURITIES BY DIRECTOR         
INDEPENDENT FINANCIAL SERVICES LTD                                              
(Incorporate in the Republic of South Africa)                                   
Company registration number 1950/037061/06                                      
Share code: IND                                                                 
ISIN code: ZAE000025300                                                         
PURCHASE OF SECURITIES BY DIRECTOR                                              
In accordance with the requirements of paragraph 3.72 to 3.75 of the JSE        
Securities Exchange Listings Requirements, the following should be noted:       
Director:      Date of      Price:    Amount:  Class of       Nature of         
               Transaction:                    Transaction:   Transaction:      
Mr J Simpson   20-02-2003   80 cents  650      Ordinary       Purchase          
Par Value of Shares: Ordinary shares of 1 cent each                             
Extent of Interest: Direct Beneficial Interest                                  
Date: 24/02/2003 05:26:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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