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Thu 30 Sep 2004, 14:21 DEALINGS IN SECURITIES BY DIRECTOR OF MAJOR
PEREGRINE HOLDINGS LIMITED - DEALINGS IN SECURITIES BY DIRECTOR OF MAJOR        
  SUBSIDIARY                                                                      
  Peregrine Holdings Limited                                                      
  (Registration number 1994/006026/06)                                            
  (`Peregrine` or `the company`)                                                  
  JSE code: PGR    ISIN code: ZAE000015152                                        
  DEALINGS IN SECURITIES BY DIRECTOR OF MAJOR SUBSIDIARY                          
  In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE        
  Securities Exchange South Africa Listing Requirements (`the listing             
  requirements`), the following information is provided -                         
  Name of director:            Keith Betty                                        
  Name of group company:       Citadel Holdings Limited                           
  Date of transaction:         29 September 2004                                  
  Nature of transaction:       Sale to partially fund acquisition of shares in    
                               terms of SENS announcement published on 25 August  
  2004                                               
  Price per share:             R2,30                                              
  Number of shares:            420 000                                            
  Total value:                 R966 000                                           
  Nature and extent of                                                            
  affected person`s interest:  Direct beneficial                                  
  It is confirmed that clearance was given, in terms of paragraph 3.66 of the     
  listing requirements, to deal in Peregrine shares.                              
  30 September 2004                                                               
  Sponsor                                                                         
  Java Capital (Pty) Ltd                                                          
  Date: 30/09/2004 02:16:23 PM Produced by the JSE SENS Department
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