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Wed 23 Jun 2004, 15:27 DIRECTOR DEALINGS
CAPITAL ALLIANCE HOLDINGS LTD - DIRECTOR DEALINGS                               
  Capital Alliance Holdings Ltd                                                   
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1952/000756/06)                                            
  JSE Share code: CPT                                                             
  ISIN: ZAE000011904                                                              
  DIRECTOR DEALINGS                                                               
  In compliance with rules 3.63 - 3.74 of the jse listing requirements, the       
  following information is disclosed:                                             
  Director:                     Ben Gildenhuys                                    
  Number of shares:             50000                                             
  Price of shares:              1 155cps                                          
  Date of transaction:               22 June 2004                                 
  Class of shares:              Ordinary                                          
  Nature of transaction:        Purchase                                          
  Nature of interest:           Indirect                                          
  The Chief Executive Officer of Capital Alliance approved the above.             
  23 June 2004                                                                    
  Date: 23/06/2004 12:49:12 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
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