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Tue 23 Nov 2004, 17:53 BARLOWORLD LIMITED - DIRECTORS DEALING IN SECURITI
BARLOWORLD LIMITED - DIRECTORS DEALING IN SECURITIES                            
BARLOWORLD LIMITED                                                              
(Registration number 1918/000095/06)                                            
JSE codes: BAW and BAWP                                                         
ISIN codes: ZAE000026639 and ZAE000026647                                       
In compliance with rule 3.63 TO 3.74 of the Listing Requirements, the following 
information is disclosed:                                                       
Director:                    MICHAEL DOUGLAS COWARD                             
Company:                     Barloworld Ltd                                     
Date of Transaction:         23 November 2004                                   
Class of Security:           Ordinary shares                                    
Nature of transaction:       Options ceded in terms of a share purchase         
                             enhancement agreement                              
Number of options:           15,000  Options @  Rands 50.88                     
Option Strike Price          R44.50                                             
Date Options Granted          16 February 1998                                  
Vesting Period               Three years after date of issue at a tranch of     
                             one third per annum from the third year.           
Total value:                 R 763,200.00                                       
Nature of Interest:          Direct/Beneficial                                  
Market Intermediary:         N/A                                                
Confirmation of Clearance    Clearance to deal was granted by Mr AJ Phillips    
                             CEO of Barloworld Ltd.                             
23 November 2004
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