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Tue 1 Jun 2004, 8:57 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:                       Malcolm Macdonald                       
  Category of director:                   Executive                               
  Name of company:                        Iscor Limited                           
  1.   Date of transaction:               27 May 2004                             
  Price of securities:               R18.15                                  
       Number of securities:              50 540                                  
       Total value of securities:         R917 301                                
       Class of securities:               Options on ordinary shares              
  Nature of transaction:             Exercise of options                     
       Interest (ie direct/indirect etc): Direct beneficial                       
  2.   Date of transaction:               31 May 2004                             
       Price of securities:               R34.85                                  
  Number of securities:              50 540                                  
       Total value of securities:         R1 791 319                              
       Class of securities:               Ordinary shares                         
       Nature of transaction:             Sale                                    
  Interest (ie direct/indirect etc): Direct beneficial                       
       Clearance to deal received:        Yes                                     
  Pretoria                                                                        
  1 June 2004                                                                     
  Sponsor to Iscor:                                                               
  Deutsche Securities (SA) (Proprietary) Limited                                  
  Date: 01/06/2004 08:51:14 AM Produced by the JSE SENS Department                
                                                                                  
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