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Fri 14 Mar 2003, 15:30 Independent Financial Services Limited - Dealing i
Independent Financial Services Limited                                          
Share code  :  IND                                                              
ISIN        :  ZAE000025300                                                     
In compliance with Rule 3.72 to 3.75 of the Listings Requirements of the JSE    
Securities Exchange SA, the following should be noted:                          
Name of director         :  Mr John Walter Simpson                              
Date of transaction      :  13 March 2003                                       
Volume                   :  400                                                 
Class of shares          :  Ordinary shares                                     
Price                    :  80 cents per share                                  
Nature of transaction    :  Purchase                                            
Interest                 :  Direct                                              

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