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Fri 26 Nov 2004, 14:33 DEALING IN SECURITIES BY DIRECTORS
NSX - Namibian Sea Products Limited - Dealing in Securities by Directors        
Namibian Sea Products Limited                                                   
(Incorporated in the Republic of Namibia)                                       
(Registration number 709/1953)                                                  
NSX Share Code: NAS                                                             
JSE Share code: NMS               ISIN: NA0008640246                            
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.65 of the JSE Securities Exchange South Africa   
and Namibian Stock Exchange Listings Requirements, the following information,   
relating to dealing in securities by directors is disclosed.                    
Executive director:                Mr Eric Knouwds                              
Director of:                       Namsea                                       
Number of shares purchased:        4 529                                        
Date of transaction:               15 November 2004                             
Price purchased at:                N$0.15                                       
Total value:                       N$841.98                                     
Share class:                       Ordinary shares                              
Nature of transaction:             Purchase                                     
Extent of interest:                Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Windhoek                                                                        
26 November 2004                                                                
Sponsor to Namsea in Namibia       Investment House Namibia                     
Sponsor to Namsea in SA            PSG Capital                                  
Date: 26/11/2004 02:33:02 PM                   
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