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Wed 16 Apr 2003, 16:45 Gold Reef Casino Resorts Limited - Dealing In Secu
Gold Reef Casino Resorts Limited - Dealing In Securities By Directors           
Gold Reef Casino Resorts Limited                                                
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
Share code : GDF     ISIN : ZAE000028338                                        
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.72 - 3.75 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information, relating to dealing
in securities by directors, is disclosed:                                       
Non-executive director        Martin Zane Krok                                  
Date of transaction           9 April 2003                                      
Price                         R3,00 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          42 857 **                                         
Nature of transaction         Sale on open market                               
Extent of interest            Beneficial indirect                               
Non-executive director        Martin Zane Krok                                  
Date of transaction           9 April 2003                                      
Price                         R3,00 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          257 143 **                                        
Nature of transaction         Sale on open market                               
Extent of interest            Non-beneficial indirect                           
** Included in shareholding held non-beneficially by Mr Solomon Krok            
Alternate director            Solomon Krok                                      
Date of transaction           9 April 2003                                      
Price                         R3,00 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          300 000                                           
Nature of transaction         Sale on open market                               
Extent of interest            Non-beneficial indirect                           
Non-executive director        Martin Zane Krok                                  
Date of transaction           11 April 2003                                     
Price                         R2,95 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          40 000 **                                         
Nature of transaction         Sale on open market                               
Extent of interest            Beneficial indirect                               
Non-executive director        Martin Zane Krok                                  
Date of transaction           11 April 2003                                     
Price                         R2,95 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          240 000**                                         
Nature of transaction         Sale on open market                               
Extent of interest            Non-beneficial indirect                           
** Included in shareholding held non-beneficially by Mr Solomon Krok            
Alternate director            Solomon Krok                                      
Date of transaction           11 April 2003                                     
Price                         R2,95 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          280 000                                           
Nature of transaction         Sale on open market                               
Extent of interest            Non-beneficial indirect                           
Johannesburg                                                                    
16 April 2003                                                                   
Sponsor                                                                         
Nedbank Corporate
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