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Tue 16 Sep 2003, 15:29 Dealing In Securities By A Director
Excellerate - Dealing In Securities By A Director                               
  EXCELLERATE HOLDINGS LIMITED                                                    
  (Registration number 1997/009884/06)                                            
  Share code: EXL    ISIN: ZAE000026092                                           
  Share code: EXLD   ISIN: ZAE000044145                                           
  ("Excellerate")                                                                 
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In terms of paragraph 3.63 - 3.74 of the Listings Requirements of the JSE       
  Securities Exchange South Africa, the following information, relating to the    
  dealing in securities by a director, is disclosed:                              
  Executive chairman                      :  Lou Rottanburg                       
  Date of transaction                     :  16 September 2003                    
  Class of securities                     :  Ordinary shares                      
  Price                                   :  R0.30 Cents per share                
  Number of securities                    :  15 245 216                           
  Total value                             :  R4 573 564.80                        
  Nature of transaction                   :  Sale by private agreement            
  Extent of interest                      :  Indirect beneficial interest         
  Clearance to deal received              :  Yes                                  
  Johannesburg                                                                    
  16 September 2003                                                               
  Sponsor                                                                         
  Nedbank Corporate                                                               
  Date: 16/09/2003 03:23:23 PM Produced by the JSE SENS Department                
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