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Fri 12 Sep 2003, 12:55 Dealings in securities by directors
Anglovaal Industries Limited -       
  Anglovaal Industries Limited ("AVI")                                            
  Share Code:  AVI                                                                
  ISIN:  ZAE000030102                                                             
  In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE    
  Securities Exchange South Africa, the following information is disclosed:       
  Director:                Mr S.L. Crutchley                                      
  Date of transaction:     11 September 2003                                      
  Price per unit:          1645 cents                                             
  Number of shares:        160625 ordinary 5 cent shares                          
  Nature of transaction:   Sale                                                   
  Extent of interest:      directly beneficial                                    
  The shares were acquired as to 85,625 shares at 240 cents and 75,000 at 900     
  cents per share in terms of The Anglovaal Industries Limited Share Incentive    
  Scheme.  The proceeds from the sale will be utilised to pay off a Share Scheme  
  loan and Mr Crutchley will retain a beneficial ownership of 171,250 ordinary 5  
  cent shares in AVI.                                                             
  Date: 12/09/2003 12:16:24 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  


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