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Mon 1 Mar 2004, 14:42 DEALING IN SECURITIES BY DIRECTOR
WILSON BAYLY HOLMES - OVCON LTD - DEALING IN SECURITIES BY DIRECTOR             
  Wilson Bayly Holmes - Ovcon Ltd                                                 
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1982/011014/06)                                            
  Share code:  WBO   ISIN: ZAE000009932                                           
  In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
  following information is disclosed:                                             
  Director                 :   P G Theessen                                       
  Amount of shares         :   500 000                                            
  Price of shares          :   1650 cents per share                               
  Date of transaction      :   1 March 2004                                       
  Class of shares          :   Ordinary shares in Wilson Bayly Holmes - Ovcon Ltd 
  Nature of transaction    :   Sale                                               
  Nature of interest       :   Shares sold by Mr Theessen and his family trusts of
                               which he may be regarded as the beneficial owner   
  Clearance has been obtained by a director of the company.                       
  Date: 01/03/2004 02:38:12 PM Produced by the JSE SENS Department                
                                                                                  
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