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Thu 1 Apr 2004, 15:47 DEALING IN SECURITIES BY DIRECTORS OF LISTED
Imperial Holdings Limited - DEALING IN SECURITIES BY DIRECTORS OF LISTED        
  COMPANIES                                                                       
  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 ("Listings Requirements"), the following is    
  disclosed:                                                                      
  Name of Director              :AH MAHOMED                                       
  Dates of Transaction          :31 MARCH AND 1ST APRIL 2004                      
  Nature of Transaction         :SALE OF SHARES                                   
  Class of Security             :ORDINARY SHARES                                  
  Nature and Extent of                                                            
  Director"s Interest in                                                          
  Transaction                   :BENEFICIAL                                       
  Number of Shares              :325 000                                          
  Average Sale Price per Share  :R66.994                                          
  Total value of transaction    :R21 773 142                                      
  Prior written approval in terms of paragraph 3.66 of the Listings Requirements  
  has been obtained.                                                              
  1 April 2004                                                                    
  Edenvale                                                                        
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 01/04/2004 03:36:56 PM Produced by the JSE SENS Department
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