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Wed 17 Mar 2004, 15:14 Dealing In Securities By Directors Of Listed Compa
Matodzi Resources Limited - Dealing In Securities By Directors Of Listed Company
  Matodzi Resources Limited                                                       
  Registration number: 1933/004523/06                                             
  Share code: MTZ                                                                 
  ISIN: ZAE000042412                                                              
  DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANY                            
  In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
  Securities Exchange South Africa the following should be noted:                 
  Director                     : ME Mkwanazi (Non executive director)             
  Name of company              : Matodzi Resources Limited                        
  Date                         : 15 March 2004                                    
  Price                        : 40 cents per share                               
  Number of shares             : 52 500                                           
  Class                        : Ordinary shares                                  
  Nature                       : Purchase                                         
  Total consideration          : R 21 000                                         
  Extent of Director"s Interest: Direct and beneficial.                           
  Clearance to deal received in terms of paragraph 3.66: Obtained.                
  Johannesburg                                                                    
  18 March 2004                                                                   
  Sponsor: River Group                                                            
  Date: 17/03/2004 03:11:00 PM Produced by the JSE SENS Department                
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