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Fri 28 May 2004, 11:58 DIRECTORS' DEALINGS IN ISCOR SECURITIES
ISCOR LIMITED - DIRECTORS` DEALINGS IN ISCOR SECURITIES                         
  Iscor Limited                                                                   
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1989/002164/06)                                            
  JSE Share code: ISC                                                             
  ISIN: ZAE000037453                                                              
  (`Iscor`)                                                                       
  DIRECTORS` DEALINGS IN ISCOR SECURITIES                                         
  In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
  Securities Exchange, South Africa, we hereby advise the following dealings by   
  directors in Iscor securities:                                                  
  Name of director:                       Louis Lourens van Niekerk               
  Category of director:                   Executive                               
  Name of company:                        Iscor Limited                           
  Date of transactions:                   27 May 2004                             
  1.   Price of securities:               R18.15                                  
       Number of securities:              66 300                                  
       Total value of securities:         R1 203 345                              
       Class of securities:               Options on ordinary shares              
  Nature of transaction:             Exercise of options                     
       Interest (ie direct/indirect etc): Indirect beneficial                     
  2.   Price of securities:               R34.56                                  
       Number of securities:              66 300                                  
  Total value of securities:         R2 291 328                              
       Class of securities:               Ordinary shares                         
       Nature of transaction:             Sale                                    
       Interest (ie direct/indirect etc): Indirect beneficial                     
  Clearance to deal received:        Yes                                     
  Name of director:                       DK Chugh                                
  Category of director:                   Executive                               
  Name of company:                        Iscor Limited                           
  Date of transactions:                   27 May 2004                             
  1.   Price of securities:               R18.15                                  
       Number of securities:              38 190                                  
       Total value of securities:         R693 148.50                             
  Class of securities:               Options on ordinary shares              
       Nature of transaction:             Exercise of options                     
       Interest (ie direct/indirect etc): Direct beneficial                       
  2.   Price of securities:               R34.56                                  
  Number of securities:              38 190                                  
       Total value of securities:         R1 319 846.40                           
       Class of securities:               Ordinary shares                         
       Nature of transaction:             Sale                                    
  Interest (ie direct/indirect etc): Direct beneficial                       
       Clearance to deal received:        Yes                                     
  Name of director:                       MJUT van Wijngaarden                    
  Category of director:                   Executive                               
  Name of company:                        Iscor Limited                           
  Date of transactions:                   27 May 2004                             
  1.   Price of securities:               R18.15                                  
       Number of securities:              57 000                                  
  Total value of securities:         R1 034 550                              
       Class of securities:               Options on ordinary shares              
       Nature of transaction:             Exercise of options                     
       Interest (ie direct/indirect etc): Direct beneficial                       
  2.   Price of securities:               R34.56                                  
       Number of securities:              57 000                                  
       Total value of securities:         R1 969 920                              
       Class of securities:               Ordinary shares                         
  Nature of transaction:             Sale                                    
       Interest (ie direct/indirect etc): Direct beneficial                       
       Clearance to deal received:        Yes                                     
  Pretoria                                                                        
  28 May 2004                                                                     
  Sponsor to Iscor:                                                               
  Deutsche Securities (SA) (Proprietary) Limited                                  
  Date: 28/05/2004 11:50:29 AM Produced by the JSE SENS Department
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