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Wed 17 Dec 2003, 11:36 DIRECTORS SHARE DEALINGS
AST GROUP LIMITED - DIRECTORS SHARE DEALINGS                                    
  AST GROUP LIMITED                                                               
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/021790/06)                                            
  JSE Share code: AAA                                                             
  ISIN: ZAE000027397                                                              
  DIRECTORS SHARE DEALINGS IN ACCORDANCE WITH THE REQUIREMENTS OF PARAGRAPH 3.72  
  AND 3.75 OF THE JSE LISTINGS REQUIREMENTS THE FOLLOWING SHOULD BE NOTED:        
  TRANSFER OF SHARES:                    As part of an appointment agreement      
                                         between AST Group and the Executive      
                                         Directors JE Miller, MG Erasmus and      
  PWJ Bouwer, shares have been issued to   
                                         the directors by AST Group.              
  DATE OF TRANSFER:                      17 December 2003                         
  NUMBER OF SHARES:     JE Miller        17 004 shares                            
  MG Erasmus       27 810 shares                            
                        PWJ Bouwer       33 860 shares                            
  ISSUE PRICE:                           R 1.00                                   
  TYPE OF SHARES:                        ORDINARY                                 
  NATURE OF INTEREST                                                              
  HELD:                                  DIRECT BENEFICIAL                        
  Johannesburg                                                                    
  Wednesday, 17 December 2003                                                     
  Sponsor                                                                         
  Cazenove South Africa (Pty) Limited                                             
  Date: 17/12/2003 11:31:03 AM Produced by the JSE SENS Department                
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