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Thu 23 Oct 2003, 13:42 Approval Of Dividend
Seardel Investment Corporation Limited - Approval Of Dividend                   
  Issued:  23 October 2003                                                        
  Seardel Investment Corporation Limited                                          
  (Incorporated in the Republic of South Africa)                                  
  Isin Number:  ZAE000029815: Share Code SER                                      
  Isin Number:  ZAE000030144: Share Code SRN                                      
  Seardel;  Seardel-N                                                             
  At the annual general meeting of Seardel Investment Corporation Limited held    
  today shareholders confirmed the declaration of a dividend amounting to 14 cents
  per ordinary and N ordinary share as proposed by the directors and announced on 
  26 September 2003.  The timetable in respect thereof is as follows:             
  Last date to trade cum dividend              Friday 7 November 2003             
  Ex dividend trades are from                  Monday 10 November 2003            
  Record date                                  14 November 2003                   
  Payment date                                 17 November 2003                   
  Share certificates may not be dematerialised or rematerialised between 10       
  November 2003 and 14 November 2003, both days inclusive.                        
  Shareholders are also advised that at the annual general meeting the Chairman   
  stated that he was of the opinion that the financial year ending 30 June 2004   
  was going to be a tough trading period, due in the main to the strength of the  
  Rand and that this could have a detrimental effect on the company"s             
  profitability.                                                                  
  23 OCTOBER 2003                                                                 
  SPONSOR:                                                                        
  JAVA CAPITAL                                                                    
  Date: 23/10/2003 01:05:33 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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