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Wed 23 Apr 2003, 17:00 Gold Reef Casino Resorts Limited - Dealing In Secu
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           16 April 2003                                     
Price                         R2.90 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          932 262 **                                        
Nature of transaction         Sale on open market                               
Extent of interest            Beneficial indirect                               
Non-executive director        Martin Zane Krok                                  
Date of transaction           16 April 2003                                     
Price                         R2.90 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          1 044 189 **                                      
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           16 April 2003                                     
Price                         R2.90 per share                                   
Share Class                   Ordinary shares                                   
Number of securities          1 976 451                                         
Nature of transaction         Sale on open market                               
Extent of interest            Non-beneficial indirect                           
Johannesburg                                                                    
23 April 2003                                                                   
Sponsor                                                                         
Nedbank Corporate                                                               


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