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Thu 19 Aug 2004, 16:48 Italtile - Dealing In Securities By A Director
Italtile - 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:            2 550                                             
Strike price:                 R27.50 per share                                  
Value of transaction:         R70 125                                           
Share class:                  Ordinary shares                                   
Extent of interest:           Direct beneficial                                 
Nature of transaction:        Shares taken delivery of 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:              18 August 2004                                    
Clearance to deal obtained:   Yes                                               
19 August 2004                                                                  
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 19/08/2004 04:42:31 PM    
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