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McCARTHY LIMITED - ACCEPTANCE AND EXERCISE OF OPTIONS BY DIRECTORS
McCARTHY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1991/003245/06)
Ordinary shares: JSE code: MCC ISIN: ZAE000034823
Preference shares: JSE code: MCCP ISIN: ZAE000034831
In compliance with rules 3.63 - 3.74 of the JSE Securities Exchange South
Africa ("JSE") Listings Requirements, the following information is disclosed:
Non Executive Director : Mr S C McCarthy
Company : McCarthy Limited
Nature of transaction : Exercise of share options
Number of options : 1 578 600
Nature and extent of director"s
interest : Direct beneficial
Date of transaction : 20 February 2004
Option strike price : 25 cents per share
Total value of transaction : R394 650-00
Non Executive Director : Mr S C McCarthy
Company : McCarthy Limited
Nature of transaction : Acceptance of ordinary share
offer in terms of Bidvest offer
Number of shares : 1 815 070
Nature and extent of director"s
interest : Direct beneficial
Date of transaction : 20 February 2004
Share sale price : 36 cents per share
Total value of transaction : R653 425-20
Group Human Resources Director : Mr W R Parkhurst
Company : McCarthy Limited
Nature of transaction : Acceptance of ordinary offer in
terms of Bidvest offer
Number of shares : 524
Nature and extent of director"s
interest : Direct beneficial
Date of transaction : 20 February 2004
Share sale price : 36 cents per share
Total value of transaction : R188-64
Non Executive Director : Mr P M Goss
Company : McCarthy Limited
Nature of transaction : Acceptance of ordinary share
offer in terms of Bidvest offer
Number of shares : 5 000
Nature and extent of director"s
interest : Direct beneficial
Date of transaction : 20 February 2004
Share sale price : 36 cents per share
Total value of transaction : R1800-00
Non Executive Director : Mr P J C Horne
Company : McCarthy Limited
Nature of transaction : Acceptance of ordinary share
offer in terms of Bidvest offer
Number of shares : 15 000
Nature and extent of director"s
interest : Indirect beneficial
Date of transaction : 20 February 2004
Sale share price : 36 cents per share
Total value of transaction : R5 400-00
Non Executive Director : Mr S C McCarthy
Company : McCarthy Limited
Nature of transaction : Acceptance of ordinary share
offer in terms of Bidvest offer
Number of shares : 13 233 573
Nature and extent of director"s
interest : Indirect non-beneficial
Date of transaction : 20 February 2004
Share sale price : 36 cents per share
Total value of transaction : R4 764 086-28
Clearance for the exercise of the options has been given in terms of rule 3.66
of the JSE Listings Requirements
Durban
20 February 2004
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
CORPORATE FINANCE
Date: 20/02/2004 05:15:04 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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