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Thu 13 Nov 2003, 16:48 DEALINGS IN SECURITIES BY DIRECTORS
EXPLORER CORPORATION HOLDINGS LIMITED - DEALINGS IN SECURITIES BY DIRECTORS     
  EXPLORER CORPORATION HOLDINGS LIMITED                                           
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1997/010950/06)                                            
  ("Explorer" or "the company")                                                   
  Share code: EPL          ISIN: ZAE000017489                                     
  DEALINGS IN SECURITIES BY DIRECTORS                                             
  In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
  JSE Securities Exchange South Africa, the following information is disclosed:   
  Name of director:                            Justin Chinyanta                   
  Date of transaction:                         12 November 2003                   
  Number of shares:                            124 000                            
  Price per share:                             30 cents                           
  Class of securities:                         Ordinary shares                    
  Nature of transaction:                       Purchase                           
  Nature of interest and extent of change:     Beneficial direct (0,1%)           
  Clearance for the share purchase was obtained in compliance with paragraph 3.66 
  of the JSE Listings Requirements.                                               
  Johannesburg                                                                    
  13 November 2003                                                                
  Sponsor                                                                         
  Arcay Group Limited                                                             
  (Registration number 1991/003944/06)                                            
  Date: 13/11/2003 04:42:14 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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