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Thu 13 Nov 2003, 17:05 DIRECTOR"S DEALINGS
ILIAD AFRICA LIMITED - DIRECTOR"S DEALINGS                                      
Iliad Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/011938/06)                                            
Share code: ILA  ISIN: ZAE000015038                                             
DIRECTOR"S DEALINGS                                                             
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
JSE Securities Exchange South Africa, the following information is disclosed:   
Name of  Date of      Number   Class of Price    Nature of    Extent of         
director transaction  of       security per      the          director"s        
                      shares            share    transaction  interest          
(cents)                                 
Mr G     12 November  53 000   Ordinary 490      Sale         Direct            
Psillos  2003                  shares                         beneficial        
                               of no                                            
par                                              
                               value                                            
Mr G     12 November  2 330    Ordinary 495      Sale         Direct            
Psillos  2003                  shares                         beneficial        
of no                                            
                               par                                              
                               value                                            
Mr G     13 November  45 300   Ordinary 490      Sale         Direct            
Psillos  2003                  shares                         beneficial        
                               of no                                            
                               par                                              
                               value                                            
Clearance was given in terms of paragraph 3.66 of the JSE Listings Requirements.
Johannesburg                                                                    
13 November 2003                                                                
Sponsor: Bridge Capital Services (Proprietary) Limited                          
Date: 13/11/2003 05:00:03 PM Supplied by www.sharenet.co.za                     
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