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Tue 25 Nov 2003, 8:50 DEALINGS IN SECURITIES BY DIRECTORS
DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF KUMBA               
KUMBA RESOURCES LIMITED                                                         
("Kumba")                                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number - 2000/011076/06                                            
Share code: KMB                                                                 
ISIN: ZAE 0000 34310                                                            
ADR code: ZAE KBREY                                                             
DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF KUMBA              
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa ("JSE") the following information is disclosed:           
Name of director              NA JOGIAT                                         
Date of transaction:          17/11/2003                                        
Number of shares:             6 800                                             
Price per share:              37.65                                             
Class of securities:          Ordinary                                          
Nature of transaction:        Options exercised and sold                        
Nature of interest:           Beneficial                                        
Name of director              NA JOGIAT                                         
Date of transaction:          17/11/2003                                        
Number of shares:             26 090                                            
Price per share:              37.50                                             
Class of securities:          Ordinary                                          
Nature of transaction:        Options exercised and sold                        
Nature of interest:           Beneficial                                        
Name of director              WF VAN HEERDEN                                    
Date of transaction:          18/11/2003                                        
Number of shares:             5 000                                             
Price per share:              37.55                                             
Class of securities:          Ordinary                                          
Nature of transaction:        Shares sold                                       
Nature of interest:           Beneficial                                        
Name of director              WF VAN HEERDEN                                    
Date of transaction:          18/11/2003                                        
Number of shares:             10 660                                            
Price per share:              37.60                                             
Class of securities:          Ordinary                                          
Nature of transaction:        Shares sold                                       
Nature of interest:           Beneficial                                        
Clearance for these trades was received in terms of section 3.66 of the JSE     
Listings Requirements.                                                          
Pretoria                                                                        
24 November 2003                                                                
Sponsor                                                                         
JPMorgan                                                                        
Date: 25/11/2003 08:01:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                
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