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Wed 15 Dec 2004, 17:44 DEALING IN SECURITIES BY A DIRECTOR
COMAIR LIMITED - DEALING IN SECURITIES BY A DIRECTOR                            
COMAIR LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/006783/06)                                            
JSE Share code: COM    ISIN number: ZAE000029823                                
(`Comair` or `the company`)                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.74 of the JSE Securities Exchange South Africa   
Listings Requirements, the following information, relating to the dealing in    
securities by a director, is disclosed:                                         
Executive director:           BJ van der Linden                                 
Director of:                  Comair                                            
Number of options             145 600                                           
Strike price:                 71 cents per share                                
Value of transaction:         R103 376                                          
Share class:                  Ordinary shares                                   
Extent of interest:           Indirect non-beneficial                           
Nature of transaction:        Options exercised by an associate of Mr BJ        
                              van der Linden, following the elapsing of the     
vesting period as determined by the Comair Share  
                              Incentive Trust. All 145 600 shares relating to   
                              the options exercised were subsequently sold to   
                              the Comair Share Incentive Trust at a price of    
R1.30 per share.                                  
Exercise and subsequent                                                         
sale date:                    14 December 2004                                  
Clearance to deal obtained:   Yes                                               
15 December 2004                                                                
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 15/12/2004 05:05:55 PM                  
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