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Fri 14 Mar 2003, 16:01 Spanjaard Limited - Dealing In Securities By A Dir
Spanjaard Limited - Dealing in securities by a director                         
Spanjaard Limited                                                               
Share code: SPA                                                                 
ISIN code:  ZAE000006938                                                        
In compliance with rule 3.72 of the JSE Securities Exchange South Africa        
Listings Requirements, the following information is disclosed:                  
Director:                          Mr. R Spanjaard (Chairman)                   
Date of transaction:               14 March 2003                                
Number of shares:                  100 000                                      
Transaction type:                  Sale of shares in terms of share option      
                                   scheme                                       
Price:                             R0,70                                        
Name of entity which                                                            
traded the shares:                 Spanjaard Group Limited                      
Extent of interest:                Indirect beneficial                          
Director:                          Mr. T S Gien (Executive Director)            
Date of transaction:               14 March 2003                                
Number of shares:                  100 000                                      
Transaction type:                  Purchase of shares in terms of share option  
scheme                                       
Price:                             R0,70                                        
Name of entity which                                                            
traded the shares:                 Spanjaard Group Limited                      
Extent of interest:                Direct beneficial                            
Johannesburg                                                                    
14 March 2003                                                                   
Sponsor                                                                         
Nedbank Corporate
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