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AFRICAN GEM RESOURCES LIMITED - DEALING IN SECURITIES BY DIRECTORS
AFRICAN GEM RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/007292/06)
Share code: AFG
ISIN: ZAE000025540
CUSIP code (Level 1 ADR programme): 008283103
("AFGEM" or "the company")
DEALING IN SECURITIES BY DIRECTORS
In compliance with rule 3.63 of the JSE Listings Requirements, the following
information is disclosed:
Executive Director: IT Harebottle
Transaction date: 10 May 2004
Number of securities purchased: 500 000
Price: 98 cents per share
Total value: R490 000
Extent of interest: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Clearance to deal obtained: Yes
Executive Director: MR Summers
Transaction date: 10 May 2004
Number of securities purchased: 250 000
Price: 98 cents per share
Total value: R245 000
Extent of interest: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Clearance to deal obtained: Yes
Non-executive Director: KA Rayner
Transaction date: 10 May 2004
Number of securities purchased: 100 000
Price: 125 cents per share
Total value: R125 000
Extent of interest: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Clearance to deal obtained: Yes
Non-executive Director: CH Boulle
Transaction date: 10 May 2004
Number of securities purchased: 100 000
Price: 125 cents per share
Total value: R125 000
Extent of interest: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Clearance to deal obtained: Yes
Executive Director: ME Chaimowitz(being a director of The Tanzanite
Company (Pty)Ltd, a wholly owned subsidiary of
Afgem)
Transaction date: 10 May 2004
Number of securities purchased: 75 000
Price: 98 cents per share
Total value: R73 500
Extent of interest: Direct beneficial
Class of securities: Ordinary shares
Nature of transaction: Exercise of options
Clearance to deal obtained: Yes
Rosebank
10 May 2004
Sponsor
Java Capital
Date: 10/05/2004 12:36:02 PM Produced by the JSE SENS Department
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