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Thu 13 Nov 2003, 17:07 DEALINGS IN SECURITIES BY THE COMPANY SECRETARY
INVICTA HOLDINGS LIMITED - DEALINGS IN SECURITIES BY THE COMPANY SECRETARY      
INVICTA HOLDINGS LIMITED                                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1966/002182/06)                                            
("Invicta")                                                                     
Share code: IVT                                                                 
ISIN code: ZAE000029773                                                         
DEALINGS IN SECURITIES BY THE COMPANY SECRETARY                                 
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
Company Secretary:                 Mr C Barnard                                 
Company Secretary of:              Invicta                                      
Nature of transaction              Sale of shares                               
Number of shares sold:             7 000                                        
Price:                             5 000 at R7.80                               
2 000 at R7.90                               
Value:                             R54 800                                      
Date of sale:                      11 November 2003 (5 000)                     
                                   12 November 2003 (2 000)                     
Share Class:                       Ordinary shares                              
Extent of interest:                Direct Beneficial                            
Johannesburg                                                                    
13 November 2003                                                                
Date: 13/11/2003 05:01:23 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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