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Tue 27 May 2003, 17:07 Afgri Limited - Dealings in Securities by Director
AFGRI LIMITED                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number : 1995/004030/06)                                          
(Share Code: AFR)                                                               
(ISIN : ZAE000040549)                                                           
("the company")                                                                 
In compliance with rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director:                          G A L Ebedes                                 
Date of Transaction:               27 May 2003                                  
Class of Security:                 Ordinary shares                              
Nature of transaction:             Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (options allocated and exercised on 10
April 2001 at R3,09 - market value on 10     
                                   April 2001:R3,06) in terms of the company    
                                   share incentive scheme                       
Number of shares and                                                            
selling price:                     200 000 shares at R4,50 per share            
Nature of interest:                Direct / Beneficial                          
Director:                          J D Wright                                   
Date of Transaction:               27 May 2003                                  
Class of Security:                 Ordinary shares                              
Nature of transaction:             Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (options allocated and exercised on 10
April 2001 at R3,09 - market value on 10     
                                   April 2001:R3,06) in terms of the company    
                                   share incentive scheme.                      
Number of shares and                                                            
selling price:                     200 000 shares at R4,50 per share            
Nature of interest:                Direct / Beneficial                          
Director:                          I de W Goosen                                
Date of Transaction:               27 May 2003                                  
Class of Security:                 Ordinary shares                              
Nature of transaction:             Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (options allocated and exercised on 10
April 2001 at R3,09 - market value on 10     
                                   April 2001:R3,06) in terms of the company    
                                   share incentive scheme.                      
Number of Shares and                                                            
selling price:                     200 000 shares at R4,50 per share            
Nature of interest:                Direct / Beneficial                          
Director:                          J H Mooney                                   
Date of Transaction:               27 May 2003                                  
Class of Security:                 Ordinary shares                              
Nature of transaction:             Sale as a consequence of the accrual and     
                                   implementation of the deferred right to sell 
                                   shares (40 000 options allocated and         
exercised on 26 October 2000 at R1,73 -      
                                   market value on that date less special       
                                   distribution of R2,45 per share) and 30 000  
                                   on 10 April 2001 at R3,09- market value on 10
April 2001:R3,06) in terms of the company    
                                   share incentive scheme.                      
Number of Shares and                                                            
selling price:                     70 000 shares at R4,50 per share             
Nature of interest:                Direct / Beneficial                          
end                                                                             
Date: 27/05/2003 05:02:11 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                


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