EDGARS CONSOLIDATED STORES LIMITED - DEALING IN SHARES BY A DIRECTOR
EDGARS CONSOLIDATED STORES LIMITED
"Edcon"
(Reg. No. 1946/022751/06)
(Incorporated in the Republic of South Africa)
Share Code: ECO ISIN Code: ZAE000018388
DEALING IN SHARES BY A DIRECTOR
For financial planning purposes Mr S.M. Ross, Chief Executive Officer of Edcon,
has sold 130 000 shares over which he had options issued to him on 1 October
1998, the final tranche of which vested on 1 September 2002. The details of
this transaction are as follows:
Transaction Date : 5 March 2004
Number of shares : 130 000
Class of security each : Ordinary shares of 10 cents
Average Price per share : 122.00 cents
Total Value : R15 860 000.00
Strike Price : 2061 cents per share
Extent of Interest : Directly beneficial
The above options constitute approximately 14% of Mr Ross" total remaining
options.
In terms of Section 3.66 of the JSE Listings Requirements prior clearance to
deal in the above securities has been obtained from Mr W S MacFarlane, Chairman
of the Board of Edcon and Mr A J Aaron, Chairman of the Remuneration and
Nominations Committee of Edcon.
Johannesburg
8 March 2004
Sponsor
Cazenove South Africa (Pty) Limited
Date: 08/03/2004 10:36:42 AM Produced by the JSE SENS Department
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