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Wed 18 Aug 2004, 12:30 Dealing In Securities By A Director
Italtile Limited - Dealing In Securities By A Director                          
Italtile Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1955/00058/06)                                             
Share code: ITE     ISIN: ZAE000003679                                          
(`Italtile`)                                                                    
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraphs 3.63 - 3.65 of the JSE Securities Exchange South Africa  
Listings Requirements, the following information, relating to the dealing in    
securities by a director, is disclosed:                                         
Non-executive director:            Mr DH Rabin                                  
Director of:                       Italtile                                     
Number of securities                                                            
taken delivery of:                 550                                          
Strike price:                      R27.50 per share                             
Value of transaction:              R15 125                                      
Share class:                       Ordinary shares                              
Extent of interest:                Direct beneficial                            
Nature of transaction:             Shares taken delivery of and subsequently    
sold as a result of the expiry of a vesting  
                                   period as determined by the Italtile Share   
                                   Incentive Trust. All the delivered shares    
                                   were sold on the open market at R90 per      
share.                                       
Date of delivery and                                                            
subsequent sale:                   17 August 2004                               
Clearance to deal obtained:        Yes                                          
18 August 2004                                                                  
Investment bank and sponsor                                                     
Nedbank Capital
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