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Wed 30 Apr 2003, 10:10 INDEPENDENT FINANCIAL SERVICES LTD - DEALINGS IN S
INDEPENDENT FINANCIAL SERVICES LTD                                              
JSE Share code: IND                                                             
ISIN:           ZAE000025300                                                    
DEALINGS IN SECURITIES BY DIRECTORS                                             
In accordance with the requirements of paragraph 3.72 to 3.75 of the JSE        
Securities Exchange Listings Requirements, the following should be noted:       
Director:           Date of        Price: Amount:  Class of      Nature of      
                   Transaction:                    Transaction:  Transaction:   
Mr J Simpson        25-04-2003     80     1000     Ordinary      Purchase       
Par Value of Shares:     Ordinary shares of 1 cent each                         
Extent of Interest: Direct Beneficial Interest                                  



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