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Fri 30 Jan 2004, 11:55 DEALING IN SECURITIES BY A DIRECTOR
ELLERINE HOLDINGS LIMITED -                 
ELLERINE HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/013402/06)                                            
JSE Share code:  ELH                                                            
ISIN:  ZAE000022752                                                             
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 of the JSE Listings Requirements, the following    
information is disclosed:                                                       
Director:                     P J C Squires                                     
Company:                      Ellerine Holdings Limited                         
Date of transaction:          29 January 2004                                   
Number of shares sold:        6 300                                             
Price sold at:                R31.70 per share                                  
Value of transaction:         R199 710                                          
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Sale on the open market                           
Written permission to deal:   Yes                                               
Johannesburg                                                                    
30 January 2004                                                                 
Sponsor:                                                                        
Nedbank Corporate                                                               
Date: 30/01/2004 11:46:03 AM Supplied by www.sharenet.co.za                     
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