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Thu 6 May 2004, 16:45 Dealing In Securities By A Director Of A Major
m Cubed Holdings Limited - Dealing In Securities By A Director Of A Major       
  Subsidiary                                                                      
  m Cubed Holdings Limited                                                        
  Incorporated in the Republic of South Africa)                                   
  Registration number 1998/014568/06                                              
  Share Code: MCU                                                                 
  ISIN Code : ZAE000033353                                                        
  DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                       
  In compliance with sections 3.63 - 3.74 of the Listings Requirements of the JSE 
  Securities Exchange of South Africa, the following information is disclosed:    
  Name of Director :      Mr G le Roux                                            
  Office held :           Director of major subsidiary of m Cubed Holdings Limited
  Name of Subsidiary :    m Cubed Asset Management (Pty) Limited                  
  Date of Transaction :   6 May 2004                                              
  Number of shares :      1,000,000                                               
  Unit Price :                                                                    
                          685,996 @ 31 cents                                      
                          314,004 @ 32 cents                                      
  Value :                 R 313,140.04                                            
  Class of Securities :   Ordinary shares                                         
  Nature of transaction : Sale of shares                                          
  Extent of interest :    Direct beneficial                                       
  Clearance :             Clearance from transaction was obtained in compliance   
  with paragraph 3.66 of the JSE Listings Requirements.   
  6 May 2003                                                                      
  Date: 06/05/2004 04:00:06 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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