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Mon 17 Nov 2003, 9:13 Dealing in securities by a director
Imperial Holdings Limited - Dealing in securities by a director                 
  Imperial Holdings Limited                                                       
  (Registration number 1946/021048/06)                                            
  ISIN Code: ZAE000003620                                                         
  Share Code: IPL                                                                 
  Dealing in securities by a director                                             
  In compliance with Rule 3.63 to 3.74 of the JSE Securities Exchange SA Listings 
  Requirements, the following should be noted:                                    
  Director                           P L Erasmus                                  
  Date of Transaction                13 November 2003                             
  Class of Security                  Ordinary Shares                              
  Nature of Transaction              Sale of Shares                               
  Number of shares                   3000 shares                                  
  Average Price                      R63.00 per share                             
  Nature of Director"s Interest      the sale was effected ex THE ERASMUS FAMILY  
  TRUST in which P L Erasmus has an indirect   
                                     beneficial interest                          
  Date: 17/11/2003 07:23:01 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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