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Mon 28 Jun 2004, 16:18 DIRECTORS' DEALINGS
Scharrig Mining Limited - Directors` dealings                                   
SCHARRIG MINING LIMITED                                                         
Incorporated in the Republic of South Africa                                    
Registration number 1992/001973/06                                              
Share code: SCN              ISIN:  ZAE000006474                                
(`Schamin` or `the Company`)                                                    
DIRECTORS` DEALINGS                                                             
Schamin hereby announces that the following directors` have exercised share     
options in the Company:                                                         
Director name          Number of      Price per  Total amount                   
                       options        option                                    
C Moorcroft            27 800         0.53       R 14 734                       
J Holland              27 800         0.53       R 14 734                       
TR Hendry              27 800         0.53       R 14 734                       
AJ Reinecke            27 800         0.53       R 14 734                       
Class of shares:            Ordinary shares                                     
Date options exercised:     28 June 2004                                        
Extent of interest:         Direct beneficial                                   
Clearance obtained:         Yes                                                 
Boksburg                                                                        
28 June 2004                                                                    
Sponsor                                                                         
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited                                               
Date: 28/06/2004 04:08:47 PM            
Produced by the JSE SENS Department
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