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Thu 23 Oct 2003, 17:33 Directors Dealings in Securities
AGI - Directors Dealings in Securities                                          
AG INDUSTRIES LIMITED                                                           
("AGI" or "the Company")                                                        
Registration number 1980/004051/06                                              
ISIN CODE:      ZAE000039467                                                    
SHARE CODE: AGI                                                                 
Directors Dealings in Securities                                                
Pursuant to par 3.63 of the JSE listing requirements, the Company hereby gives  
notice of a transaction on 22 October 2003 in the Company"s securities between a
company in which a director has a direct interest ("the investment holding      
company") and a company in which the same director has an indirect interest     
through the investment holding company.                                         
Director:                   AA Barrell                                          
Date of transaction:        22nd October 2003                                   
Number of ordinary shares:  4 354 832                                           
Price:                      R1.84                                               
Class of security:          Ordinary shares at 0.5 cents each                   
Type of Holding:            Indirect Beneficial                                 
Nature of transaction:      This transaction had no effect on Mr. Barrell"s or  
any other shareholder"s interest in AGI and merely  
                            constituted the reorganisation                      
                            of an intermediate holding company.                 
Johannesburg                                                                    
23rd October 2003                                                               
Sponsor                                                                         
HSBC                                                                            
Date: 23/10/2003 05:22:44 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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