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Mon 6 Dec 2004, 11:20 Dealing In Securities By Directors
Johnnic Communications Limited - Dealing In Securities By Directors             
JOHNNIC COMMUNICATIONS LIMITED                                                  
Registered in the Republic of South Africa                                      
(Registration number 1889/000352/06)                                            
Share code: JCM     ISIN: ZAE000024584                                          
(`Johncom`)                                                                     
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.74 of the Listings Requirements of               
the JSE Securities Exchange South Africa, the following information,            
relating to the dealing in securities by directors, is disclosed:               
Executive director                      Connie Molusi                           
Company of which a director             Johncom                                 
Transaction date                        1 July 2004                             
Class of securities                     Ordinary shares                         
Number of securities                    120 000                                 
Strike Price                            R24 per share                           
Value of transaction                    R2 880 000                              
Vesting period                          Up to 20% after 2 years, up             
                                        to 40% after 3 years; up to             
60% after 4 years and 100%              
                                        after five years.                       
Nature of transaction                   Grant of share options                  
Extent of interest                      Direct beneficial                       
Executive director                      Prakash Desai                           
Company of which a director             Johncom                                 
Transaction date                        1 July 2004                             
Class of securities                     Ordinary shares                         
Number of securities                    109 100                                 
Strike Price                            R24 per share                           
Value of transaction                    R2 618 400                              
Vesting period                          Up to 20% after 2 years, up             
to 40% after 3 years; up to             
                                        60% after 4 years and 100%              
                                        after five years.                       
Nature of transaction                   Grant of share options                  
Extent of interest                      Direct beneficial                       
Executive director                      Paul Jenkins                            
Company of which a director             Johncom                                 
Transaction date                        1 July 2004                             
Class of securities                     Ordinary shares                         
Number of securities                    55 000                                  
Strike Price                            R24 per share                           
Value of transaction                    R1 320 000                              
Vesting period                          Up to 20% after 2 years, up             
                                        to 40% after 3 years; up to             
                                        60% after 4 years and 100%              
                                        after five years.                       
Nature of transaction                   Grant of share options                  
Extent of interest                      Direct beneficial                       
Executive director                      Neil Jacobsohn                          
Company of which a director             Johncom                                 
Transaction date                        1 July 2004                             
Class of securities                     Ordinary shares                         
Number of securities                    57 080                                  
Strike Price                            R24 per share                           
Value of transaction                    R1 369 920                              
Vesting period                          Up to 20% after 2 years, up             
                                        to 40% after 3 years; up to             
                                        60% after 4 years and 100%              
after five years.                       
Nature of transaction                   Grant of share options                  
Extent of interest                      Direct beneficial                       
Johannesburg                                                                    
6 December 2004                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 06/12/2004 10:58:02 AM                   
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