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Tue 30 Dec 2003, 14:28 DEALING IN SECURITIES BY DIRECTORS
SET POINT TECHNOLOGY HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS      
SET POINT TECHNOLOGY HOLDINGS LIMITED                                           
("SET POINT")                                                                   
(Registration number: 1996/014334/06)                                           
Share Code: STO                                                                 
ISIN: ZAE000013629                                                              
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rules 3.63 to 3.74 of the Listings Requirements of the JSE   
Securities Exchange South Africa ("the JSE"), the following information is      
disclosed:                                                                      
Director:                          BH Kent                                      
Date of transaction:               30 December 2003                             
Price per unit:                    5 cents                                      
Number of shares:                  3 333 333 ordinary shares of 1 cent each     
Aggregate consideration:           R166 666.65                                  
Nature of transaction:             Deferred purchase consideration              
Extent of interest:                Direct, beneficial                           
Director:                          ND Kennelly                                  
Date of transaction:               30 December 2003                             
Price per unit:                    5 cents                                      
Number of shares:                  3 333 334 ordinary shares of 1 cent each     
Aggregate consideration:           R166 666.70                                  
Nature of transaction:             Deferred purchase consideration              
Extent of interest:                Direct, beneficial                           
Director:                          E Gregor                                     
Date of transaction:               30 December 2003                             
Price per unit:                    5 cents                                      
Number of shares:                  3 333 333 ordinary shares of 1 cent each     
Aggregate consideration:           R166 666.65                                  
Nature of transaction:             Deferred purchase consideration              
Extent of interest:                Direct, beneficial                           
The shares described above were received by the named directors as a deferred   
purchase consideration in terms of the acquisition by SET POINT, on 24 May 2001,
of the entire issued share capital of Coven Services (Proprietary) Limited from 
the sellers BH Kent, ND Kennelly and E Gregor. The conditions for the issue of  
the consideration shares to the sellers have now been met.                      
Clearance to deal in these shares was obtained in accordance with Set Point"s   
corporate governance principles and in terms of rule 3.66 of the JSE Listings   
Requirements.                                                                   
Johannesburg                                                                    
30 December 2003                                                                
Sponsor:                                                                        
Standard Corporate and Merchant Bank                                            
A division of The Standard Bank of South Africa Limited                         
(Registration number 1962/000738/06)                                            
Date: 30/12/2003 01:57:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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