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Thu 12 Aug 2004, 15:14 DEALING IN SECURITIES BY DIRECTORS
Matodzi Resources Limited - Director`s Dealing in Securities                    
Matodzi Resources Limited                                                       
Registration number: 1933/004523/06                                             
Share code: MTZ                                                                 
ISIN: ZAE000042412                                                              
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANY                            
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following information is disclosed                                              
Director                      : M E Mkwanazi (Non executive director)           
Name of company               : Matodzi Resources Limited                       
Date of Transaction           : 11 August 2004                                  
Price                         : 40 cents per share                              
Number of shares              : 46 000                                          
Class of Security             : Ordinary shares                                 
Nature of Transaction         : Purchase                                        
Total consideration           : R 18 400                                        
Extent of Director`s Interest :  Direct and beneficial.                         
Clearance to deal received in terms of paragraph 3.66: Obtained.                
Johannesburg                                                                    
12 August 2004                                                                  
Sponsor: River Group                                                            
Date: 12/08/2004 02:52:04 PM              
Produced by the JSE SENS Department
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