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Wed 22 Dec 2004, 8:49 SHARE DEALINGS BY DIRECTORS
KAGISO MEDIA LIMITED - SHARE DEALINGS BY DIRECTORS                              
KAGISO MEDIA LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Reg. No 1957/000036/06)                                                        
Share Code: KGM                    ISIN:ZAE000014007                            
(`Kagiso Media` or `the Company`)                                               
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Non-executive director             :    AH Singh                                
Date of transaction                :    21 December 2004                        
Number of shares                   :    128 983                                 
Price per share                    :    R11.25                                  
Value                              :    R1 451 523                              
Class of shares                    :    Ordinary                                
Nature of transaction              :    Sale                                    
Nature of interest                 :    Indirect beneficial                     
Non-executive director             :    SN Pragjee                              
Date of transaction                :    21 December 2004                        
Number of shares                   :    29 200                                  
Price per share                    :    R11.25                                  
Value                              :    R328 605                                
Class of shares                    :    Ordinary                                
Nature of transaction              :    Sale                                    
Nature of interest                 :    Indirect beneficial                     
Clearance: Clearance to deal has been received from a designated director in    
terms of par. 3.66 of the JSE Listings Requirements                             
By order of the board                                                           
Sandton                                                                         
22 December 2004                                                                
Sponsor : Investec Securities Limited
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