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Thu 17 Jun 2004, 14:41 DEALINGS IN SECURITIES BY A DIRECTOR
INVICTA HOLDINGS LIMITED - DEALINGS IN SECURITIES BY A DIRECTOR                 
Invicta Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1966/002182/06)                                            
(`Invicta`)                                                                     
JSE Share code: IVT                                                             
ISIN code: ZAE000029773                                                         
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange South Africa, the following information is disclosed:                  
Name of director:                  P Le Grange                                  
Director of:                       Major subsidiary of Invicta                  
Total number of shares sold:       39 775                                       
Transaction dates:                 14 June 2004 (13 125 shares)                 
                                   15 June 2004 (26 650 shares)                 
Price:                             R10.50                                       
Value:                             R417 637.50                                  
Share Class:                       Ordinary shares                              
Nature of transaction:             Sale of shares on the open market            
Extent of interest:                Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Johannesburg                                                                    
17 June 2004                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 17/06/2004 02:35:03 PM INVICTA HOLDINGS LIMITED - DEALINGS IN SECURITIES BY A DIRECTOR                 
Invicta Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1966/002182/06)                                            
(`Invicta`)                                                                     
JSE Share code: IVT                                                             
ISIN code: ZAE000029773                                                         
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In terms of paragraph 3.63 of the Listings Requirements of the JSE Securities   
Exchange South Africa, the following information is disclosed:                  
Name of director:                  P Le Grange                                  
Director of:                       Major subsidiary of Invicta                  
Total number of shares sold:       39 775                                       
Transaction dates:                 14 June 2004 (13 125 shares)                 
                                   15 June 2004 (26 650 shares)                 
Price:                             R10.50                                       
Value:                             R417 637.50                                  
Share Class:                       Ordinary shares                              
Nature of transaction:             Sale of shares on the open market            
Extent of interest:                Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Johannesburg                                                                    
17 June 2004                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 17/06/2004 02:35:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                                 
Produced by the JSE SENS Department                                             
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