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Thu 15 May 2003, 16:09 Explorer - Directors Dealings In Securities
Explorer - DIRECTORS" DEALINGS IN SECURITIES                                    
Explorer Corporation Holdings Limited                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/010950/06)                                            
("Explorer" or "the Company")                                                   
SHARE CODE: EPL      ISIN: ZAE000017489                                         
DIRECTORS" DEALINGS IN SECURITIES                                               
In compliance with the requirements of rule 3.72 to 3.75 of the JSE Listings    
Requirements, the following should be noted:                                    
Director                  : Messrs JN Chinyanta and Y Bazian                    
Date of Transactions      : 14 May 2003                                         
Class of shares purchased : Ordinary shares                                     
No of shares              : 800                                                 
Price                     : 65 cents                                            
Nature                    : Purchase                                            
Extent of interest        : Indirect beneficial - shares purchased              
                            by Loita Investment Bank                            
Date: 15/05/2003 01:21:07 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
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