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Mon 28 Jul 2003, 17:37 BEARING MAN LIMITED - DEALING IN SECURITES BY DIRE
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 regarding directors" dealings, the following   
information is disclosed:                                                       
Director                            A Bekker                                    
Office Held                         Director                                    
Date transaction effected           25 July 2003                                
Number of shares sold               150 000                                     
Sale price per share                5.00 cents each                             
Class of shares                     Ordinary shares                             
Nature of transaction               Sale                                        
Nature and extent of interest       Direct Beneficial                           
Director                            L J Marais                                  
Office Held                         Director                                    
Date transaction effected           25 July 2003                                
Number of shares sold               197 000                                     
Sale price per share                5.00 cents each                             
Class of shares                     Ordinary shares                             
Nature of transaction               Sale                                        
Nature and extent of interest       Direct Beneficial                           
Director                            G J Till                                    
Office Held                         Director                                    
Date transaction effected           25 July 2003                                
Number of shares sold               693 020                                     
Sale price per share                5.00 cents each                             
Class of shares                     Ordinary shares                             
Nature of transaction               Sale                                        
Nature and extent of interest       Direct Beneficial                           
Johannesburg                                                                    
28 July 2003                                                                    
Sponsor                                                                         
Nedbank Corporate
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