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Wed 3 Mar 2004, 15:58 Dealing In Securities By Directors
Imperial Holdings Limited - Dealing In Securities By Directors                  
  Imperial Holdings Limited                                                       
  (Registration number: 1946/021048/06)                                           
  Share code: IPL                                                                 
  ISIN: ZAE000003620                                                              
  DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
  (In compliance with paragraph 3.63 of the Listings Requirements of the JSE      
  Securities Exchange South Africa)                                               
  Name of Director:             R Mumford                                         
  Date of Transaction:          2 March 2004                                      
  Nature of Transaction:        Exercise And Sale Of Share Options                
  Class of Security:            Ordinary Shares                                   
  Nature and Extent of                                                            
  Director"s Interest in                                                          
  Transaction:                  Direct/Beneficial                                 
  Number of Shares:             4000                                              
  Price per Share:              R71.00                                            
  Total value of transaction:   R284000.00                                        
  Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
  South Africa Listings Requirements has been obtained.                           
  3 March 2004                                                                    
  Edenvale                                                                        
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 03/03/2004 03:39:04 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  

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