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Thu 23 Sep 2004, 15:56 DEALING IN SECURITIES BY A DIRECTOR
NICTUS LIMITED - DEALING IN SECURITIES BY A DIRECTOR                            
NICTUS LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1981/001858/06)                                            
JSE Share code: NCS                                                             
NSX Share code: NCT                                                             
ISIN Code NA0009123481                                                          
(`Nictus` or `the company`)                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rules 3.63 - 3.74 of the JSE Securities Exchange South Africa
(`JSE`) Listings Requirements, the following information is disclosed:          
Director                           :    N C Tromp                               
Company                            :    Nictus Limited                          
Nature of transaction              :    Purchase                                
Number of shares                   :    25 000                                  
Class of security                  :    Ordinary shares                         
Date of transaction                :    22 September 2004                       
Purchase price                     :    60c                                     
Total value of the transaction     :    R15 000                                 
Nature of interest                 :    Indirect beneficial                     
Clearance received                 :    Yes                                     
Pretoria23 September 2004                                                       
Sponsor on the JSE: KPMGSponsor on the NSX: Namibia Equity Brokers
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