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Tue 28 Oct 2003, 13:29 DEALING IN SECURITIES BY A DIRECTOR
GOLD REEF CASINO RESORTS LIMITED - DEALING IN SECURITIES BY A DIRECTOR          
  GOLD REEF CASINO RESORTS LIMITED                                                
  Incorporated in the Republic of South Africa                                    
  (Registration number 1989/002108/06)                                            
  ("GRCR")                                                                        
  Share code: GDF                                                                 
  ISIN : ZAE000028338                                                             
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
  Securities Exchange South Africa, the following information, relating to the    
  dealing in securities by directors, is disclosed:                               
  Executive director:                S Joffe                                      
  Director of:                       GRCR                                         
  Transaction date:                  27 October 2003                              
  Price:                             R4.90 per share                              
  Number of securities:              541 956                                      
  Value of transaction:              R2 655 584                                   
  Share Class:                       Ordinary shares                              
  Nature of transaction:             Sale of shares                               
  Extent of interest:                Direct beneficial                            
  Written clearance to deal:         Yes                                          
  Alternate director:                S Krok                                       
  Director of:                       GRCR                                         
  Transaction date:                  27 October 2003                              
  Price:                             R4.90 per share                              
  Number of securities:              47 134                                       
  Value of transaction:              R230 957                                     
  Share Class:                       Ordinary shares                              
  Nature of transaction:             Sale of shares                               
  Extent of interest:                Direct beneficial                            
  Written clearance to deal:         Yes                                          
  Johannesburg                                                                    
  28 October 2003                                                                 
  Sponsor:                                                                        
  Nedbank Corporate                                                               
  Date: 28/10/2003 01:22:25 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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