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Thu 4 Dec 2003, 18:39 DEALING IN SECURITIES BY DIRECTORS
Glenrand M.I.B Limited - DEALING IN SECURITIES BY DIRECTORS                     
Glenrand M.I.B Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share Code: GMB                                                                 
ISIN: ZAE000018529                                                              
("Glenrand M.I.B")                                                              
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
Listing Requirements, the following information is disclosed:                   
Surname:                           Mansfield                                    
First Names:                       Allan Walter                                 
Designation:                       Chairman of Glenrand M.I.B                   
Date of transaction:               2 December 2003                              
Price per share:                   R3,10                                        
Number of shares:                  1 000 000 ordinary shares                    
Total value:                       R3 100 000                                   
Nature of transaction:             Off-market sale                              
Nature and extent of interest:     Sale was effected by A W Mansfield Family    
Investments (Pty) Limited in which           
                                   A W Mansfield has a beneficial interest.     
Written permission obtained:       Yes                                          
Surname:                           Fair                                         
First Name:                        Arnold                                       
Designation:                       Director, Protector Group Holdings (Pty)     
                                   Limited                                      
Date of transaction:               2 December 2003                              
Price per share:                   R3,10                                        
Number of shares:                  1 000 000 ordinary shares                    
Total value:                       R3 100 000                                   
Nature of transaction:             Off-market purchase                          
Nature and extent of interest:     Purchase was effected by Clonlea Investments 
                                   (Pty) Limited in which A Fair has a          
                                   beneficial interest.                         
Written permission obtained:       Yes                                          
Johannesburg                                                                    
4 December 2003                                                                 
Sponsor:                                                                        
Nedbank Corporate                                                               
Date: 04/12/2003 05:48:02 PM                 
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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