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Wed 28 May 2003, 11:28 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                                    
Date: 28/05/2003 07:27:57 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                


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