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Tue 16 Nov 2004, 17:47 Dealing In Securities By A Director
Octodec Investments Limited - Dealing In Securities By A Director               
OCTODEC INVESTMENTS LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1956/002868/06)                                            
Share code:  OCT      ISIN:  ZAE000005104                                       
(`Octodec`)                                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 - 3.74 of the JSE Securities Exchange South Africa 
Listings Requirements, the following information relating to the dealing in     
securities by a director, is disclosed:                                         
Non-executive director                  :    MJ Holmes                          
Director of                             :    Octodec                            
Date of transaction                     :    16 November 2004                   
Number of linked units purchased        :    14 500                             
Price purchased at                      :    R5.65 per linked units             
Total value of transaction              :    R81 925                            
Extent of interest                      :    Indirect beneficial                
Class of securities                     :    Linked units                       
Nature of transaction                   :    Purchase on the open market        
Clearance to deal granted               :    Yes                                
Pretoria                                                                        
16 November 2004                                                                
Sponsor                                                                         
Nedbank Capital
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