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Tue 25 Nov 2003, 16:12 DEALING IN SECURITIES BY DIRECTORS
ELLERINE HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS                  
ELLERINE HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/013402/06)                                            
Share code:  ELH      ISIN:  ZAE000022752                                       
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rule 3.63 of the JSE Listings Requirements, the following    
information is disclosed:                                                       
Director:                     P J C Squires                                     
Company:                      Ellerine Holdings Limited                         
Date of transaction:          24 November 2003                                  
Number of shares sold:        12 500                                            
Price sold at:                R30.00 per share                                  
Value of transaction:         R375 000                                          
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Sale on the open market                           
Written permission to deal:   Yes                                               
Director:                     P J C Squires                                     
Company:                      Ellerine Holdings Limited                         
Date of transaction:          24 November 2003                                  
Number of shares purchased:   10 500                                            
Price purchased at:           R17.40 per share                                  
Value of transaction:         R182 700                                          
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Purchase from the Ellerine Employees Share Trust  
in terms of the deferred delivery share scheme    
Written permission to deal:   Yes                                               
Director:                     A R van den Borne                                 
Company:                      Ellerine Holdings Limited                         
Date of transaction:          24 November 2003                                  
Number of shares sold:        2 500                                             
Price sold at:                R29.80 per share                                  
Value of transaction:         R74 500                                           
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Sale on the open market                           
Written permission to deal:   Yes                                               
Director:                     D L Cromhout                                      
Company:                      Ellerine Furnishers (Pty) Limited, a subsidiary of
                              Ellerine Holdings Limited                         
Date of transaction:          24 November 2003                                  
Number of shares sold:        12 500                                            
Price sold at:                R29.80 per share                                  
Value of transaction:         R372 500                                          
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Sale on the open market                           
Written permission to deal:   Yes                                               
Johannesburg                                                                    
25 November 2003                                                                
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 25/11/2003 03:44:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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