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Wed 31 Mar 2004, 14:40 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            :M S Jolly                                        
  Transaction date              :29 March 2004                                    
  Class of securities           :Ordinary shares                                  
  Number of shares              :7 900                                            
  Price                         :R24,50 per share                                 
  Value of transaction          :R193 550                                         
  Nature of transaction         :Sale on the open market                          
  Nature of interest            :Direct beneficial                                
  Clearance to deal obtained    :Yes                                              
  31 March 2004                                                                   
  Sponsor                                                                         
  Nedbank Capital                                                                 
  Date: 31/03/2004 02:15:52 PM Produced by the JSE SENS Department                
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