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Fri 23 Jul 2004, 12:17 DEALING IN SECURITIES BY DIRECTOR
SOUTH AFRICAN CHROME AND ALLOYS LIMITED - DEALING IN SECURITIES BY DIRECTOR     
SOUTH AFRICAN CHROME AND ALLOYS LIMITED                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06)                                            
Share Code: SCE                                                                 
ISIN: ZAE000022943                                                              
DEALING IN SECURITIES BY DIRECTOR                                               
In compliance with the JSE Securities Exchange South Africa Listings            
Requirements, the following information is disclosed:                           
Director                      :    Mr S Elliot                                  
Company                       :    South African Chrome and Alloys              
Limited                                                                         
Date of transaction           :    22 July 2004                                 
Nature of transaction         :    Purchase of securities                       
Number of securities          :    70 000                                       
Class of securities           :    Ordinary shares                              
Purchase price                :    72 cents                                     
Total value of transaction    :    R50 400.00                                   
Nature and extent of                                                            
director`s interest           :    Indirect beneficial                          
Clearance obtained            :    Yes                                          
Randburg                                                                        
23 July 2004                                                                    
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 23/07/2004 11:34:51 AM                     
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