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Thu 20 May 2004, 17:21 DEALINGS IN SECURITIES BY DIRECTOR
SABVEST LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number : 1987/003753/06)                                          
  Ordinary shares:   Share code: SBV  ISIN: ZAE000006417                          
  N Ordinary shares: Share code: SVN  ISIN: ZAE000012043                          
  (`Sabvest`)                                                                     
  DEALINGS IN SECURITIES BY A DIRECTOR                                            
  In compliance with rules 3.63 - 3.74 of the JSE Securities Exchange South Africa
  (`JSE`) Listings Requirements, the following information is disclosed:          
  Director                   : Christopher Stefan Seabrooke                       
  Company                    : Sabvest                                            
  Class of securities        : Ordinary shares                                    
  Nature of transaction      : Purchase                                           
  Number of shares           : 100 000                                            
  Date of transaction        : 20 May 2004                                        
  Purchase price             : R1,64 per share                                    
  Total value of transaction : R164,000                                           
  Nature of Interest         : Indirect non beneficial                            
  Clearance received         : Yes                                                
  Director                   : Christopher Stefan Seabrooke                       
  Company                    : Sabvest                                            
  Class of securities        : N ordinary shares                                  
  Nature of transaction      : Purchase                                           
  Number of shares           : 1 050 000                                          
  Date of transaction        : 20 May 2004                                        
  Purchase price             : R1,80 per share                                    
  Total value of transaction : R1,890,000                                         
  Nature of Interest         : Indirect non beneficial                            
  Clearance received         : Yes                                                
  Sandton                                                                         
  20 May 2004                                                                     
  Sponsor                                                                         
  RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
  CORPORATE FINANCE                                                               
  Date: 20/05/2004 04:23:04 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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