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Fri 23 Apr 2004, 9:53 Dealing In Securities By Directors
Hudaco Industries Limited - Dealing In Securities By Directors 

Release Date: 23/04/2004 09:30:00      Code(s): HDC        
HUDACO INDUSTRIES LIMITED - DEALING IN SECURITIES BY DIRECTORS                  
HUDACO INDUSTRIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration Number 1985/004617/06)                                             
Share Code: HDC   ISIN: ZAE000003273                                            
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraphs 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:             19 April 2004                                     
Class of securities:          Ordinary shares                                   
Number of shares:             150 000                                           
Strike price:                 R24.60                                            
Value of transaction:         R3 690 000                                        
Nature of transaction:        Acceptance and exercise of share option offer and 
                              conclusion of deferred delivery agreement         
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Executive director:           S J Connelly                                      
Transaction date:             20 April 2004                                     
Class of securities:          Ordinary shares                                   
Number of shares:             200 000                                           
Strike price:                 R24.60                                            
Value of transaction:         R4 920 000                                        
Nature of transaction:        Acceptance and exercise of share option offer and 
                              conclusion of deferred delivery agreement         
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Executive director:           P M Poole                                         
Transaction date:             15 April 2004                                     
Class of securities:          Ordinary shares                                   
Number of shares:             150 000                                           
Price:                        R24.60                                            
Value of transaction:         R3 690 000                                        
Nature of transaction:        Acceptance of share option offer                  
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
Company secretary:            R G L Arnestad                                    
Transaction date:             19 April 2004                                     
Class of securities:          Ordinary shares                                   
Number of shares;             5 000                                             
Strike price:                 R24.60                                            
Value of transaction:         R123 000                                          
Nature of transaction:        Acceptance and exercise of share option offer and 
                              conclusion of deferred delivery agreement         
Nature of interest:           Direct beneficial                                 
Clearance to deal obtained:   Yes                                               
22 April 2004                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
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