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Mon 31 Mar 2003, 14:52 Indfin - Director dealings in shares
Independent Financial Services Limited                                          
Registration No. 1950/037061/06                                                 
Share Code  :  IND                                                              
ISIN        :  ZAE000025300                                                     
("Indfin")                                                                      
In compliance with rule of 3.72 to 3.75 of JSE Listing Requirements, the        
following information is disclosed:                                             
Director                           :  John Walter Simpson (CEO)                 
Date of Transaction                :  31 March 2003                             
Price of Shares                    :  76 cents per share                        
Number of shares                   :  15000                                     
Class of Security                  :  Ordinary Shares                           
Nature of Transaction              :  Purchase                                  
Extend of director"s interest      :  Direct                                    
end                                                                             



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