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Mon 1 Mar 2004, 14:42 DEALING IN SECURITIES BY A DIRECTOR
HUDACO INDUSTRIES LIMITED - DEALING IN SECURITIES BY A DIRECTOR                 
  HUDACO INDUSTRIES LIMITED                                                       
  (Incorporated in the Republic of South Africa)                                  
  Registration Number 1985/004617/06                                              
  Share Code:  HDC     ISIN: ZAE000003273                                         
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
  Securities Exchange South Africa, the following information, relating to the    
  dealing in securities by a director, is disclosed:                              
  Executive director                 :G E Gardiner                                
  Transaction date                   :27 February 2004                            
  Class of securities                :Ordinary shares                             
  Number of shares                   :5 000                                       
  Price                              :R26,50 per share                            
  Value of transaction               :R132 500                                    
  Nature of transaction              :Sale on the open market                     
  Nature of interest                 :Direct beneficial                           
  Clearance to deal obtained         :Yes                                         
  1 March 2004                                                                    
  Sponsor                                                                         
  Nedbank Corporate                                                               
  Date: 01/03/2004 02:30:19 PM Produced by the JSE SENS Department                
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