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Thu 27 Nov 2003, 18:06 Dealing In Securities By A Director
Invicta Holdings Limited - Dealing In Securities By A Director                  
INVICTA HOLDINGS LIMITED                                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1966/002182/06)                                            
("Invicta")                                                                     
Share code: IVT                                                                 
ISIN code: ZAE000029773                                                         
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.74 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
Executive director                 PJ Le Grange                                 
Director of                        CSE Equipment Company (Pty) Ltd,             
                                   a major subsidiary of Invicta                
Transaction date                   25 November 2003                             
Nature of transaction              Sale of shares                               
Number of shares sold              4 000                                        
Price                              R7.50                                        
Value                              R30 000                                      
Share Class                        Ordinary shares                              
Extent of interest                 Direct Beneficial                            
Written clearance to deal          Yes                                          
Executive director                 PJ Le Grange                                 
Director of                        CSE Equipment Company (Pty) Ltd,             
a major subsidiary of Invicta                
Transaction date                   26 November 2003                             
Nature of transaction              Sale of shares                               
Number of shares sold              18 455                                       
Price                              R7.50                                        
Value                              R138 412.50                                  
Share Class                        Ordinary shares                              
Extent of interest                 Direct Beneficial                            
Written clearance to deal          Yes                                          
Johannesburg                                                                    
27 November 2003                                                                
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 27/11/2003 05:16:02 PM Supplied by www.sharenet.co.za                     
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