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Fri 9 Jul 2004, 11:32 Granting And Acceptance Of Share Options By
Connection Group Holdings Limited - Granting And Acceptance Of Share Options By 
  Directors And Company Secretary                                                 
  Connection Group Holdings Limited                                               
  (Registration number: 1997/005390/06)                                           
  ISIN: ZAE000042529                                                              
  Share Code: CCT                                                                 
  In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
  Listings Requirements, the following information is disclosed:                  
  Director                      :    W Appelbaum                                  
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    100 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R500 000.00                                  
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    P Barletta                                   
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    200 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R1 000 000.00                                
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Company Secretary             :    J Coetsee                                    
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    140 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R700 000.00                                  
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    P Joubert                                    
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    100 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R500 000.00                                  
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    A Kawa                                       
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    100 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R500 000.00                                  
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    A G Kirk                                     
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    600 000                                      
  Option strike price           :    R5.00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R3 000 000.00                                
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    S Mulholland                                 
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    200 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R1 000 000.00                                
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    G Steffens                                   
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    100 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R500 000.00                                  
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Director                      :    P Susan                                      
  Company                       :    Connection Group Holdings Limited            
  Date of offer                 :    1 June 2004                                  
  Nature of transaction         :    Grant and acceptance of options in           
                                     terms of the Connection Group Holdings       
                                     Limited Share Trust Scheme                   
  Class of securities           :    Ordinary shares                              
  Number of options             :    250 000                                      
  Option strike price           :    R5,00 cents                                  
  Period of exercise            :    1 September 2004 @ 10%                       
                                     1 September 2006 @ 20%                       
  1 September 2007 @ 70%                       
  Total value of transaction    :    R1 250 000.00                                
  Nature and extent of                                                            
  director`s interest           :    Direct beneficial                            
  Clearance obtained            :    Yes                                          
  Sandton                                                                         
  8 July 2004                                                                     
  Merchant Bank and Sponsor                                                       
  RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
  CORPORATE FINANCE                                                               
  Date: 09/07/2004 11:26:39 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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