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Tue 2 Nov 2004, 16:10 DEALING IN SECURITIES
WILSON BAYLY HOLMES - OVCON LTD - DEALING IN SECURITIES                         
WILSON BAYLY HOLMES - OVCON LTD                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1982/011014/06)                                            
Share code:  WBO   ISIN: ZAE000009932                                           
DEALING IN SECURITIES                                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Name of Director    :    P G Theessen                                           
Date                :    2 November 2004                                        
Class               :    Ordinary shares in Wilson Bayly Holmes - Ovcon Ltd     
Number              :    180 618 (one hundred and eighty thousand six hundred   
                         and eighteen)                                          
Price               :    2500 cents per share                                   
Nature              :    Sale                                                   
Extent of interest  :    Shares sold by Mr Theessen`s family trusts of which he 
                         may be regarded as the beneficial owner                
Clearance has been obtained in terms of Rule 3.66.                              
Date: 02/11/2004 03:59:09 PM                   
Produced by the JSE SENS Department
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