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Wed 15 Oct 2003, 13:00 DIRECTORS DEALINGS IN SECURTIES
Lyons - Directors Dealings In Securities                                        
Lyons Financial Solutions Holdings Limited                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/022117/06)                                            
Share code: LYS       ISIN:  ZAE000024709                                       
("Lyons")                                                                       
DIRECTORS DEALINGS IN SECURTIES                                                 
Shareholders are referred to the circular to Lyons shareholders dated 6 October 
2003 regarding the unconditional offer by Icarus Nominees (Proprietary) Limited 
to Lyons minority shareholders to acquire all of their shares for a cash        
consideration of 5 cents per share.                                             
In compliance with Rule 3.63 to 3.65 of the JSE Listings Requirements, the      
following information is noted:                                                 
Director (name)               :    I Hewett                                     
Date of transaction           :    13 October 2003                              
Price per share (cents)       :    5 cents                                      
Number of shares              :    58 735 559                                   
Class                         :    Ordinary shares                              
Nature of transaction         :    Sell                                         
Extent of interest            :    Indirect, beneficial                         
Director (name)               :    I Hewett                                     
Date of transaction           :    13 October 2003                              
Price per share (cents)       :    5 cents                                      
Number of shares              :    12 500 000                                   
Class                         :    Ordinary shares                              
Nature of transaction         :    Sell                                         
Extent of interest            :    Indirect, beneficial                         
Sandton                                                                         
15 October 2003                                                                 
Date: 15/10/2003 12:57:18 PM Supplied by www.sharenet.co.za                     
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