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Mon 3 Nov 2003, 17:17 Notification of Dealings in Securities by a Direct
Avmin - Notification of Dealings in Securities by a Director                    
ANGLOVAAL MINING LIMITED                                                        
(Registration number 1933/004580/06)                                            
(Incorporated in the Republic of South Africa)                                  
(Share codes:  JSE Securities Exchange South Africa: AIN                        
(ISIN:ZAE000017141)                                                             
London Stock Exchange:  AGM)                                                    
("Avmin")                                                                       
Notification of Dealings in Securities by a Director                            
In terms of rules 3.63 to 3.66 of the JSE Securities Exchange South Africa      
Listings Requirements, Avmin advises that it has been informed of the below     
ordinary shares transactions arising from the exercising of share incentive     
scheme options by Mr S E Sather:                                                
Name of director                        Mr S E Sather                           
Name of company of which a director:    Company Secretary : Avgold Limited      
Dates of Transactions:                  28, 30 and 31 October 2003              
Class of security                       Anglovaal Mining Limited ordinary shares
Transaction details:                                                            
Price per security                      4 400 cents per share                   
Number of securities                    13 004 ordinary shares                  
Total value                             R572 176                                
Options:                                                                        
No of options  strike price   market price    Strike date                       
302       5              4400           28/10/2003                         
     615       1625           4400           28/10/2003                         
     26        2430           4400           28/10/2003                         
     257       3555           4400           28/10/2003                         
3917      3600           4400           30/10/2003                         
     4591      35000          4400           31/10/2003                         
     2835      3350           4400           31/10/2003                         
     461       3600           4400           31/10/2003                         
Nature of transaction              Disposal (exercise of share options)         
Nature of director"s interest      Held directly                                
Extent of director"s interest      Beneficial                                   
Avmin confirms that Mr Sather did obtain clearance for the above transaction on 
10 October 2003.                                                                
Johannesburg                                                                    
03 November 2003                                                                
Issued by:                                                                      
Sponsor to Avmin                                                                
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 03/11/2003 05:13:08 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                


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