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Mon 13 Oct 2003, 16:38 DEALING IN SECURITIES
MURRAY & ROBERTS HOLDINGS LIMITED - DEALING IN SECURITIES                       
  Murray & Roberts Holdings Limited                                               
  (Incorporated in the Republic of South Africa)                                  
  Registration number 1948/029826/06                                              
  JSE Share Code: MUR                                                             
  ISIN Code: ZAE000008983                                                         
  Dealing in Securities                                                           
  In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
  Securities Exchange South Africa, the following information is disclosed:       
  Name of Director:           Mr R W Rees                                         
  Name of Company:            Murray & Roberts Holdings Limited                   
  Date:                       13 October 2003                                     
  Class of Securities:        Ordinary Shares                                     
  Nature of Transaction:      Exercise of share options                           
                              and immediate sale of shares                        
  Strike price of options:    100 000 at R3,16 and                                
                              75 000 at R4,60                                     
  Price at which shares                                                           
  were sold:                  R13,00 per share                                    
  Number of shares taken up:  175 000                                             
  Total value of securities:  R2 275 000                                          
  Nature of Interest:         Beneficial (directly)                               
  Clearance:                  Clearance from Group Chief                          
  Executive (designated officer)                      
                              was given on 10 October 2003                        
  Johannesburg                                                                    
  13 October 2003                                                                 
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 13/10/2003 04:29:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  
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