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Tue 20 May 2003, 12:03 INDEPENDENT FINANCIAL SERVICES LTD - DEALINGS IN S
Independent Financial Services Ltd                                              
Registration No. 1950/037061/06                                                 
Share Code  :  IND                                                              
ISIN        :  ZAE000025300                                                     
("Indfin")                                                                      
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:                            Security  Transaction:   
Mr J Simpson   19-05-2003     115          50 000      Ordinary  Sale           
Par Value of Shares:     Ordinary shares of 1 cent each                         
Extent of Interest:      Direct Beneficial Interest                             
end                                                                             
Date: 20/05/2003 08:46:00 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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