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Wed 8 Dec 2004, 17:00 Dealing in securities by directors
Excellerate - Dealing in securities by directors                                
EXCELLERATE HOLDINGS LIMITED                                                    
(Registration number 1997/009884/06)                                            
Share code: EXL    ISIN: ZAE000026092                                           
Share code: EXLD   ISIN: ZAE000044145                                           
(`Excellerate`)                                                                 
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.65 of the JSE Securities Exchange South Africa   
Listings Requirements, the following information, relating to the dealing in    
securities by directors, is disclosed:                                          
Executive director            Harold Bloch                                      
Name of Company               Excellerate                                       
Transaction date              8 December 2004                                   
Class of securities           Ordinary shares                                   
Price                         R0.75 per share                                   
Number of securities          49 878                                            
Total value                   R37 408                                           
Nature of transaction         Transfer of Excellerate shares held on behalf of  
                              Harold Bloch to Harber Investments (Pty) Ltd, a   
company in which Harold Bloch has an interest.    
                              This transfer does, therefore, not affect Harold  
                              Bloch`s total direct and indirect holding in      
                              Excellerate shares                                
Extent of interest            Indirect beneficial                               
Written clearance to deal     Yes                                               
Executive director            Athol Stewart                                     
Name of Company               Excellerate                                       
Transaction date              8 December 2004                                   
Class of securities           Ordinary shares                                   
Price                         R0.75 per share                                   
Number of securities          37 408                                            
Total value                   R28 056                                           
Nature of transaction         Transfer of Excellerate shares held on behalf of  
                              Athol Stewart to Athol Stewart. This transfer     
                              does, therefore, not affect Athol Stewart`s total 
direct and indirect holding in Excellerate shares 
Extent of interest            Direct beneficial                                 
Written clearance to deal     Yes                                               
Executive director            Mark Littlefield                                  
Name of Company               Foodserv Solutions (Pty) Ltd, a major subsidiary  
                              of Excellerate                                    
Transaction date              8 December 2004                                   
Class of securities           Ordinary shares                                   
Price                         R0.75 per share                                   
Number of securities          37 408                                            
Total value                   R28 056                                           
Nature of transaction         Transfer of Excellerate shares held on behalf of  
Mark Littlefield to Mark Littlefield. This        
                              transfer does, therefore, not affect Mark         
                              Littlefield`s total direct and indirect holding in
                              Excellerate shares                                
Extent of interest            Direct beneficial                                 
Written clearance to deal     Yes                                               
Executive director            Bernard Bloch                                     
Name of Company               Goldenmarc (Pty) Ltd, a major subsidiary of       
Excellerate                                       
Transaction date              8 December 2004                                   
Class of securities           Ordinary shares                                   
Price                         R0.75 per share                                   
Number of securities          24 939                                            
Total value                   R18 704                                           
Nature of transaction         Transfer of Excellerate shares held on behalf of  
                              Bernard Bloch to Harber Investments (Pty) Ltd, a  
company in which Bernard Bloch has an interest.   
                              This transfer does, therefore, not affect Bernard 
                              Bloch`s total direct and indirect holding in      
                              Excellerate shares                                
Extent of interest            Indirect beneficial                               
Written clearance to deal     Yes                                               
Johannesburg                                                                    
8 December 2004                                                                 
Sponsor                                                                         
Nedbank Capital
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