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Fri 13 Jun 2003, 10:53 BEARING MAN LIMITED
BEARING MAN LIMITED                                                             
(Incorporated in the Republic of South Africa)                                  
(Reg. No. 1955/002109/06)                                                       
Share code: BRM  ISIN number: ZAE000001137                                      
("Bearing Man" or "the Company")                                                
In compliance with Rule 3.72 - 3.75 of the Listings Requirements of the JSE     
Securities Exchange South Africa and further to the announcement released on    
SENS on 11 June 2003 regarding directors" dealings in terms of the conversion of
compulsorily convertible debenture regarding the staff incentive scheme the     
following information is disclosed:                                             
Director                            A Bekker                                    
Office Held                         Alternate director                          
Date transaction effected           11 June 2003                                
Number of shares                    92 939                                      
Sale price per share                5,50 cents                                  
Class of shares                     Ordinary shares                             
Nature of transaction               Sale                                        
Nature and extent of interest       Direct Beneficial                           
Director                            L Marais                                    
Office Held                         Operations Director                         
Date transaction effected           11 June 2003                                
Number of shares                    74 878                                      
Sale price per share                5,50 cents                                  
Class of shares                     Ordinary shares                             
Nature of transaction               Sale                                        
Nature and extent of interest       Direct Beneficial                           
Johannesburg                                                                    
13 June 2003                                                                    
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 13/06/2003 10:37:05 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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