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Thu 29 Jul 2004, 11:35 Dealings in securities by Directors
Network Healthcare Holdings Limited - Dealings in securities by Directors       
Network Healthcare Holdings Limited                                             
(Co. Reg. No. 1996/004282/06)                                                   
Code : NTC                                                                      
ISIN number : ZAE000011953                                                      
DEALINGS IN SECURITIES BY DIRECTORS                                             
AMENDED ANNOUNCEMENT                                                            
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed (this  
is an amendment to the disclosure announcement dated 29 July 2004):             
Name of director     IM Davis                                                   
Director of          Network Healthcare Holdings Limited                        
Date of transaction  22 July 2004                                               
Number of shares     1 040 000                                                  
Nature of            Pursuant to the exercise of her                            
transaction          share options, IM Davis has entered                        
                     into a hedge over her shares in                            
                     order to secure finance to take                            
                     ownership and delivery of the                              
Netcare shares. The hedge comprises                        
                     put and call options (an option                            
                     collar) and expires 22 July 2005.                          
Floor price          348 cents                                                  
Cap price            546 cents                                                  
Class of security    Ordinary                                                   
Nature of interest   Direct and beneficial                                      
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
JOEL WOLPERT                                                                    
Company Secretary                                                               
Tel No : (011) 301-0213                                                         
Fax No : (011) 301-0481                                                         
E-mail jwolpert@ho.netcare.co.za
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