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Mon 26 Apr 2004, 10:24 Directors" Dealings
Spearhead Property Holdings Limited - Directors" Dealings                       
  Spearhead Property Holdings Limited                                             
  Incorporated in the Republic of South Africa                                    
  (Registration number 1996/005827/06                                             
  Share code:SPE                                                                  
  ISIN:ZAE000019162                                                               
  DIRECTORS" DEALINGS                                                             
  In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
  JSE Securities Exchange South Africa, the following information is disclosed:   
  Name of   Date of       Number   Class of  Price    Nature of the   Extent of   
  director  transaction   of       security  per      transaction     director"s  
  shares             share                    interest    
                                             (cents)                              
  Mr Mike   22 April      68 037   Linked    1 600    Disposal        Indirect/   
  Flax      2004                   units                              Beneficial  
  Chief                                                                           
  Executive                                                                       
  Officer                                                                         
  Mr Allan  22 April      68 037   Linked    1 600    Disposal        Direct/     
  Groll     2004                   units                              Beneficial  
  Non-                                                                            
  executive                                                                       
  Director                                                                        
  Mr Darren 23 April      100 000  Linked    1 565    Disposal        Indirect/   
  Wilder    2004                   units                              Beneficial  
  Chief                                                                           
  Operating                                                                       
  Officer                                                                         
  The necessary clearance was obtained in terms of the JSE Listings Requirements. 
  Cape Town                                                                       
  26 April 2004                                                                   
  Sponsor:                                                                        
  Bridge Capital Services (Proprietary) Limited                                   
  Date: 26/04/2004 09:44:26 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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