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Fri 26 Nov 2004, 17:17 ICC - Dealings in securities by directors
ICC - Dealings in securities by directors                                       
INDUSTRIAL CREDIT COMPANY AFRICA HOLDINGS LIMITED                               
(Formerly Explorer Corporation Holdings Limited)                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/010950/06)                                            
Share code: ICC     ISIN code: ZAE000053203                                     
(`ICC Africa` or `the company`)                                                 
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa (`JSE`), the following information is      
disclosed:                                                                      
Name of director:                            Yousef Bazian                      
Date of transaction:                         25 November 2004                   
Number of shares:                            45 400                             
Price per share:                             30 cents                           
Total value                                  R13 620                            
Class of securities:                         Ordinary shares                    
Nature of transaction:                       Purchase                           
Nature of interest and extent of change:     Beneficial direct (0.04%)          
Clearance for the share purchase was obtained in compliance with paragraph 3.66 
of the JSE Listings Requirements.                                               
Johannesburg                                                                    
26 November 2004                                                                
Sponsor                                                                         
Arcay Corporate Services                                                        
Date: 26/11/2004 05:13:01 PM                    
Produced by the JSE SENS Department
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