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Wed 24 Dec 2003, 8:08 DIRECTOR"S DEALINGS
ISCOR LIMITED - DIRECTOR"S DEALINGS                                             
Iscor Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1989/002164/06)                                            
(Share code: ISC)                                                               
(ISIN: ZAE000037453)                                                            
("Iscor")                                                                       
DIRECTOR"S DEALINGS                                                             
In accordance with sections 3.63 to 3.66 of the Listings Requirements of the JSE
Securities Exchange South Africa ("Listings Requirements"), Iscor advises that, 
it has been informed of the following dealing in its shares:                    
Director:                     Mr. Lakshmi Mittal                                
Company:                      Iscor                                             
Position held:                Non-Executive Director                            
Nature of transaction:        Purchase of shares                                
Date of transaction:          17 December 2003                                  
Class of securities:          Ordinary shares                                   
Number of shares purchased:   12,360,000                                        
Purchase price (per share):   R26.0167                                          
Total value of transaction:   R321,566,416                                      
Nature and extent of                                                            
director"s interest:          Indirect Beneficial                               
Clearance:                    The required clearance per section 3.66 of the    
Listings Requirements has been obtained           
Pretoria                                                                        
24 December 2003                                                                
Sponsor to Iscor:                                                               
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/12/2003 07:00:12 AM Supplied by www.sharenet.co.za                     
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