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Tue 7 Sep 2004, 12:50 DEALINGS IN SECURITIES BY A DIRECTOR
METAIR INVESTMENTS LIMITED - DEALINGS IN SECURITIES BY A DIRECTOR               
METAIR INVESTMENTS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Reg.No. 1948/031013/06)                                                        
Share code: MTA                                                                 
ISIN Code: ZAE000004743                                                         
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In terms of 3.63 of the JSE Securities Exchange South Africa Listings           
Requirements the following is diclosed:                                         
Director                      :    T. Clarkson                                  
Company                       :    Hesto Harnesses (Pty) Limited                
Date/s of transaction/s       :    7 September 2004                             
Option Price                  :    30 000 cents per share                       
Option date                   :    11 June 1998                                 
Number of shares              :    1 700                                        
Total option value            :    R51 000                                      
Exercise Price                :    16 900 cents per share                       
Total exercise value          :    R287 300                                     
Class of security             :    Ordinary shares                              
Nature of transaction         :    Option exercised                             
Extent of interest            :    Beneficial                                   
Confirmation of clearance     :    Approved 6 September 2004                    
Director                      :    T. Clarkson                                  
Company                       :    Hesto Harnesses (Pty) Limited                
Date/s of transaction/s       :    7 September 2004                             
Option Price                  :    18 000 cents per share                       
Option date                   :    11 January 1999                              
Number of shares              :    1 700                                        
Total option value            :    R30 600                                      
Exercise Price                :    16 900 cents per share                       
Total exercise value          :    R287 300                                     
Class of security             :    Ordinary shares                              
Nature of transaction         :    Option exercised                             
Extent of interest            :    Beneficial                                   
Confirmation of clearance     :    Approved 6 September 2004                    
Director                      :    T. Clarkson                                  
Company                       :    Hesto Harnesses (Pty) Limited                
Date/s of transaction/s       :    7 September 2004                             
Option Price                  :    25 000 cents per share                       
Option date                   :    07 January 2000                              
Number of shares              :    450                                          
Total option value            :    R11 250                                      
Exercise Price                :    16 900 cents per share                       
Total exercise value          :    R76 050                                      
Class of security             :    Ordinary shares                              
Nature of transaction         :    Option exercised                             
Extent of interest            :    Beneficial                                   
Confirmation of clearance     :    Approved 6 September 2004                    
7 September 2004
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