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Fri 17 Dec 2004, 17:54 Dealing in Securities by Directors
Metropolitan Holdings Limited - Dealing in Securities by Directors              
METROPOLITAN HOLDINGS LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
Registration number:  2000/031756/06                                            
ISIN:  ZAE000050456                                                             
JSE Share Code:  MET                                                            
NSX Share Code:  MTD                                                            
Dealing in Securities by Directors                                              
In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE       
Securities Exchange South Africa Listings Requirements (`Listings               
Requirements`), the following transaction should be noted:                      
Director                      :         Mr P E Speckmann                        
Company                       :         Metropolitan Holdings Limited           
Date of transaction           :         17 December 2004                        
Price                         :         R10,25                                  
Amount                        :         150 000                                 
Total value                   :         R1 537 500                              
Class                         :         Ordinary                                
Nature of transaction         :         Sale                                    
Extent of interest            :         Direct & beneficial                     
                                        (share purchase scheme)                 
Prior written approval in terms of paragraph 3.66 of the Listings Requirements  
has been obtained.                                                              
Cape Town                                                                       
17 December 2004                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 17/12/2004 05:40:54 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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