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Mon 29 Dec 2003, 7:55 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. Davinder Chugh                     
Company                                 :Iscor                                  
Position held                           :Executive Director - Commercial        
Nature of transaction                   :Exercise of options and disposal of    
shares                                 
Date of transaction                     :24 December 2003                       
Class of securities                     :Ordinary shares                        
Option strike price                     :R18.15                                 
Strike date                             :24 December 2003                       
Number                                  :14,390                                 
Sale of shares:                                                                 
Number of shares sold                   :14,390                                 
Sale price (per share)                  :R27.50                                 
Total value of transaction              :R395,725                               
Nature and extent of                                                            
director"s interest                     :Direct beneficial                      
Clearance                               :The required clearance per section 3.66
                                        of the Listings Requirements has been   
                                        obtained                                
Director                                :Mr. Abe Thebyane                       
Company                                 :Iscor                                  
Position held                           :Executive Director - human resources   
Nature of transaction                   :Exercise of options and disposal of    
                                        shares                                  
Date of transaction                     :24 December 2003                       
Class of securities                     :Ordinary shares                        
Option strike price                     :R18.15                                 
Strike date                             :24 December 2003                       
Number                                  :12,460                                 
Sale of shares:                                                                 
Number of shares sold                   :19,310                                 
Sale price (per share)                  :R27.50                                 
Total value of transaction              :R531,025                               
Nature and extent of                                                            
director"s interest                     :Direct beneficial                      
Clearance                               :The required clearance per section 3.66
of the Listings Requirements has been   
                                        obtained                                
Director                                :Mr. Louis van Niekerk                  
Company                                 :Iscor                                  
Position held                           :Executive Director - CEO               
Nature of transaction                   :Disposal                               
Date of transaction                     :24 December 2003                       
Class of securities                     :Ordinary shares                        
Number of shares sold                   :250,000                                
Sale price (per share)                  :R27.25                                 
Total value of transaction              :R6,812,500                             
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: 29/12/2003 07:36:04 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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