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Tue 16 Nov 2004, 14:28 DEALING IN SECURITIES BY AN INDEPENDENT ENTITY
PRISM HOLDINGS LIMITED - DEALING IN SECURITIES BY AN INDEPENDENT ENTITY IN WHICH
A DIRECTOR HAS AN INTEREST                                                      
PRISM HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 1998/018949/06                                              
Share code  :  PIM                                                              
ISIN        :  ZAE000022257                                                     
(`Prism`)                                                                       
DEALING IN SECURITIES BY AN INDEPENDENT ENTITY IN WHICH A DIRECTOR HAS AN       
INTEREST                                                                        
Pursuant to paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE     
Securities Exchange South Africa, and in particular as required by paragraph    
3.63(a)(iv), Prism hereby gives notice of the dealing in securities by an       
independent entity in which one of its directors has an indirect, non-beneficial
interest:                                                                       
Director                      :  RMJ Flett                                      
Name of company               :  Prism Holdings Limited                         
Date of transaction           :  16 November 2004                               
Number of ordinary shares     :  3,500                                          
Price per share               :  48 cents                                       
Aggregate value               :  R1 680                                         
Nature of transaction         :  Sale by Horizon Techventures Partnership       
Sponsor                                                                         
Standard Bank                                                                   
16 November 2004
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