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Fri 30 Jul 2004, 14:09 Dealing in securities by a director
Spanjaard Limited - Dealing in securities by a director                         
  Spanjaard Limited                                                               
  (Incorporated in the Republic of South Africa)                                  
  Registration number 1960/004393/06                                              
  Share Code: SPA   ISIN: ZAE000006938                                            
  Dealing in securities by a director                                             
  In compliance with paragraph 3.63 to 3.74 of the JSE Securities Exchange South  
  Africa Listing Requirements, the following information is disclosed:            
  Director                 : RJW Spanjaard                                        
  Date of transaction      : 29 July 2004                                         
  Price per share          : R0.6902                                              
  Number of shares         : 56 000                                               
  Total value              : R38 650.00                                           
  Class of securities      : Ordinary shares                                      
  Nature of transaction    : Purchase of shares held by former director pursuant  
  to court order                                       
  Extent of interest       : Direct and beneficial                                
  Confirmation of clearance: Clearance to deal was granted                        
  Director                 : RJW Spanjaard                                        
  Date of transaction      : 29 July 2004                                         
  Price per share          : R0.00                                                
  Number of shares         : 385 000                                              
  Total value              : R0.00                                                
  Class of securities      : Ordinary shares                                      
  Nature of transaction    : Allocation of shares held by former director pursuant
                             to court order                                       
  Extent of interest       : Direct and beneficial                                
  Confirmation of clearance: Clearance to deal was granted                        
  30 July 2004                                                                    
  Johannesburg                                                                    
  Sponsor                                                                         
  PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
  Date: 30/07/2004 02:04:20 PM Produced by the JSE SENS Department
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