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Wed 15 Oct 2003, 17:12 DEALING IN SECURITIES BY DIRECTOR
FARITEC HOLDINGS LIMITED -          
Faritec Holdings Limited                                                        
(Registration number    1998/004872/06)                                         
Share code: FRT                                                                 
ISIN: ZAE000016838                                                              
("Faritec")                                                                     
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with sections 3.63 to 3.74 of the Listing Requirements of the JSE 
Securities Exchange South Africa, the following information is disclosed:       
Director:                     Mr AR Timm                                        
Company:                      Faritec Holdings Limited                          
Class of securities:          Ordinary shares                                   
Nature of transaction:        Sale                                              
Date:                         15 October 2003                                   
Number of shares:             965 500                                           
Price:                        26.67 cents per share                             
Value of transaction:         R 257 509.85                                      
Extent of interest:           Indirect, beneficial                              
Clearance:                    Permission to deal in these shares has been       
obtained.                                         
Sandton                                                                         
15 October 2003                                                                 
Sponsor:                                                                        
Peregrine Corporate Advisory Services (Proprietary) Limited(Registration number 
2000/013672/07)                                                                 
Date: 15/10/2003 05:05:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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