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Thu 23 Oct 2003, 11:43 DEALING IN SECURITIES BY DIRECTORS
GOLD REEF CASINO RESORTS LIMITED - DEALING IN SECURITIES BY DIRECTORS           
GOLD REEF CASINO RESORTS LIMITED                                                
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
Share code  : GDF                                                               
ISIN  : ZAE000028338                                                            
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange South Africa, the following information, relating to dealing in        
securities by a director, is disclosed:                                         
Financial director:           JS Friedman                                       
Company:                      Gold Reef Casino Resorts Limited                  
Transaction date:             21 October 2003                                   
Price:                        R4.90 per share                                   
Number of securities:         15 000                                            
Value of transaction:         R73 500                                           
Share Class:                  Ordinary shares                                   
Nature of transaction:        Sale of shares                                    
Extent of interest:           Indirect non-beneficial                           
Financial director:           JS Friedman                                       
Company:                      Gold Reef Casino Resorts Limited                  
Transaction date:             22 October 2003                                   
Price:                        R4.90 per share                                   
Number of securities:         31 000                                            
Value of transaction:         R151 900                                          
Share Class:                  Ordinary shares                                   
Nature of transaction:        Sale of shares                                    
Extent of interest:           Indirect non-beneficial                           
Johannesburg                                                                    
23 October 2003                                                                 
Sponsor:                                                                        
Nedbank Corporate                                                               
Date: 23/10/2003 11:20:29 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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