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Wed 28 May 2003, 14:40 Explorer Corporation Holdings Limited - Directors
Explorer Corporation Holdings Limited - Directors Dealing 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 DEALING 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 Transaction :    27 May 2003                                            
Class               :    Ordinary shares                                        
No of shares        :    10 000                                                 
Price               :    80 cents                                               
No of shares        :    8 200                                                  
Price               :    85 cents                                               
Total amount        :    R 14 970                                               
Nature              :    Purchase                                               
Extent of interest  :    Indirect beneficial - shares purchased by Loita        
Investment Bank                                        
Date: 28/05/2003 12:21:49 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                


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