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Tue 21 Oct 2003, 14:53 Dealings In Securities By Directors
Explorer Corporation Holdings Limited - Dealings In Securities By Directors     
EXPLORER CORPORATION HOLDINGS LIMITED                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/010950/06)                                            
("Explorer" or "the company")                                                   
Share code: EPL          ISIN: ZAE000017489                                     
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa, the following information is disclosed:   
Name of director:                            Yousef Bazian                      
Date of transaction:                         20 October 2003                    
Number of shares:                            18 357                             
Price per share:                             30 cents                           
Class of securities:                         Ordinary shares                    
Nature of transaction:                       Purchase                           
Nature of interest:                          Beneficial direct                  
Clearance for the share purchase was obtained in compliance with paragraph 3.66 
of the JSE Listings Requirements.                                               
Johannesburg                                                                    
21 October 2003                                                                 
Sponsor                                                                         
Arcay Group Limited                                                             
(Registration number 1991/003944/06)                                            
Date: 21/10/2003 02:38:07 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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