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Thu 18 Mar 2004, 15:41 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:             17 March 2004                                     
  Class of securities:          Ordinary shares                                   
  Number of shares:             7 700                                             
  Price:                        R24.85 per share                                  
  Value of transaction:         R191 345                                          
  Nature of transaction:        Sale on the open market                           
  Nature of interest:           Direct beneficial                                 
  Clearance to deal obtained:   Yes                                               
  18 March 2004                                                                   
  Sponsor                                                                         
  Nedbank Capital                                                                 
  Date: 18/03/2004 03:25:15 PM Produced by the JSE SENS Department
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