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Tue 20 Jul 2004, 17:14 DEALINGS IN SECURITIES BY THE OFFEROR
BARPLATS INVESTMENTS LIMITED - MANDATORY OFFER TO BARPLATS INVESTMENTS LIMITED -
  DEALINGS IN SECURITIES BY THE OFFEROR                                           
  BARPLATS INVESTMENTS LIMITED                                                    
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1987/004830/06)                                            
  Share Code: BPL                                                                 
  ISIN:ZAE000028692                                                               
  (`Barplats` or `the Company`)                                                   
  MANDATORY OFFER TO BARPLATS INVESTMENTS LIMITED - DEALINGS IN SECURITIES BY THE 
  OFFEROR                                                                         
  Disclosure under Rule 7.1 of The Securities Regulation Panel Code On Takeovers  
  And Mergers                                                                     
  Date of disclosure              205 July 2004                                   
  Date of dealing                 192 July 2004                                   
  Dealing in                      Barplats Investments Limited                    
  (Registration number                            
                                  1987/004830/06)                                 
  Class of Securities             Ordinary shares                                 
  Number bought                   268 800 232 079                                 
  Average price per share         ZAR 3,00                                        
  Maximum price paid              ZAR 3,00                                        
  Total resultant percentage      88,15%                                          
  Party making disclosure         Nedbank Capital for and on                      
  behalf of Photon Global                         
                                  Limited, a member of the                        
                                  consortium making the                           
                                  mandatory offer to Barplats                     
  minorities                                      
  Ends                                                                            
  20 july 2004                                                                    
  Date: 20/07/2004 05:01:04 PM Produced by the JSE SENS Department
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