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Spescom Limited - Director Dealings In Shares 

Release Date: 25/05/2004 11:51:01      Code(s): SPS        
Spescom Limited - Director dealings in shares                                   
Spescom Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/001083/06)                                            
(ISIN Code:   ZAE000017919)                                                     
(Shared code  SPS)                                                              
(`Spescom`)                                                                     
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Company director                   :    A. Farah                                
Number & price of shares           :    3 800 @1.29 cps                         
4 992 @ 1.30 cps                        
                                        5 000 @ 1.32 cps                        
Date of transaction                :    21 May 2004                             
Class of shares                    :    ordinary                                
Nature of transaction              :    Purchase                                
Nature of interest                 :    Direct beneficial                       
Approval                           :    Approval obtained from Company secretary
25 May 2004                                                                     

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