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Thu 13 Mar 2003, 16:58 President Steyn Gold Mines Limited - Dividend Decl
President Steyn Gold Mines Limited - Dividend Declaration                       
President Steyn Gold Mines Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/014461/06)                                            
Share code: PGD; ISIN code: ZAE000026654                                        
("PSGM" OR "the Company")                                                       
DIVIDEND DECLARATION                                                            
Further to an announcement released on SENS on Thursday, 6 March 2003, notice is
hereby given that a dividend of 0,80 cents per share, calculated to equal the   
net current assets of the Company as at Friday, 28 February 2003, will be paid  
to shareholders that are recorded in the Company"s share register on Friday, 28 
March 2003. The salient dates are as follows:                                   
The last day to trade ("CUM" the dividend) in order to participate in the       
dividend will be Thursday, 20 March 2003.                                       
The shares of PSGold will commence trading "EX" the dividend from the           
commencement of business on Monday, 24 March 2003.                              
The record date will be Friday, 28 March 2003.                                  
Dividends will be paid to members on Monday, 31 March 2003.                     
Share certificates may not be dematerialised or rematerialised between Monday,  
24 March 2003 and Friday, 28 March 2003, both days inclusive.                   
By order of the board                                                           
Johannesburg                                                                    
13 March 2003                                                                   
Sponsor                                                                         
Nedbank Corporate                                                               



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