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Fri 12 Sep 2003, 13:21 DEALINGS IN SECURITIES BY DIRECTOR
BOWLER METCALF LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                     
  BOWLER METCALF LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                     
  In compliance with Rule 3.72 - 3.75 of the JSE Listings Requirements, the       
  following information is disclosed:                                             
  Director:                    Mr MA Olds                                         
  Date of transaction:         12 September 2003                                  
  Price:                       300cps                                             
  Class of security:           Ordinary Share                                     
  Amount:                      109,000 shares                                     
  Nature of transaction:       Sale                                               
  Nature of interest:          Direct beneficial                                  
  Director:                    Mr MA Olds                                         
  Date of transaction:         12 September 2003                                  
  Price:                       no consideration                                   
  Class of security:           Ordinary Share                                     
  Amount:                      31,000 shares                                      
  Nature of transaction:       Donation                                           
  Nature of interest:          Direct beneficial                                  
  Date: 12/09/2003 01:17:14 PM Produced by the JSE SENS Department
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