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Spescom Limited - Dealings In Securities By Director 

Release Date: 28/05/2004 14:28:50      Code(s): SPS        
SPESCOM LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                            
Spescom Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/001083/06)                                            
ISIN ZAE000017919                                                               
JSE Share code:  SPS                                                            
(`Spescom`)                                                                     
DEALINGS IN SECURITIES BY DIRECTOR                                              
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Company director:             A. Farah                                          
Number & price of shares:     8 479 @129 cps                                    
Date of transaction:          27 May 2004                                       
Class of shares:              Ordinary                                          
Nature of transaction:        Purchase                                          
Nature of interest:           Direct beneficial                                 
Approval:                     Approval obtained from Company Secretary          
28 May 2004                                                                     

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