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Fri 29 Oct 2004, 9:44 DIRECTORS DEALINGS IN SECURITIES
AG INDUSTRIES LIMITED - DIRECTORS DEALINGS IN SECURITIES                        
AG INDUSTRIES LIMITED                                                           
(`AGI` or `the Company`)                                                        
(Incorporated in the Republic of South Africa)                                  
Registration No: 1980/004051/06                                                 
ISIN CODE:     ZAE 000039467                                                    
SHARE CODE: AGI                                                                 
Directors Dealings in Securities                                                
Pursuant to par 3.63 to 3.74 of the JSE listing requirements, the Company hereby
gives notice of a transaction in the Company`s securities by a director of the  
company.                                                                        
Director:                    JT Aerts                                           
Date of transaction:         28 October 2004                                    
Number of ordinary shares:   150 000                                            
Price:                       R2.39                                              
Class of security:           Ordinary shares at 0.5 cents each                  
Type of Holding:             Direct Beneficial                                  
Nature of transaction:       Sale                                               
Clearance to trade:          Yes                                                
Johannesburg                                                                    
29 October 2004                                                                 
Sponsor: HSBC Investment Services (Africa) (Pty) Limited                        
Date: 29/10/2004 09:31:51 AM                   
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