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Fri 24 Dec 2004, 11:44 Dealing in securities by directors
Brimstone - Dealing in securities by directors                                  
Brimstone Investment Corporation Limited                                        
Registration number: 1995/010442/06                                             
(Incorporated in the Republic of South Africa)                                  
ISIN Number:   ZAE000015277   Share Code: BRT                                   
ISIN Number:   ZAE000015285   Share Code: BRN                                   
(`Brimstone` or the `Company`)                                                  
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.65 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                 Professor J Gerwel                           
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                Ordinary shares                              
Number of securities               1 320 493                                    
Strike Price                       R1.20 per share                              
Value of transaction               R1 584 591                                   
Vesting period                     The options vest over five years on the date 
of acceptance of the options, in tranches of 
                                   20% per annum                                
Nature of transaction              Grant and acceptance of share options through
                                   the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Executive director                 MA Brey                                      
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                Ordinary shares                              
Number of securities               1 320 493                                    
Strike Price                       R1.20 per share                              
Value of transaction               R1 584 591                                   
Vesting period                     The options vest over five years on the date 
                                   of acceptance of the options, in tranches of 
                                   20% per annum                                
Nature of transaction              Grant and acceptance of share options through
the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Executive director                 FJ Robertson                                 
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                Ordinary shares                              
Number of securities               1 320 493                                    
Strike Price                       R1.20 per share                              
Value of transaction               R1 584 591                                   
Vesting period                     The options vest over five years on the date 
                                   of acceptance of the options, in tranches of 
                                   20% per annum                                
Nature of transaction              Grant and acceptance of share options through
                                   the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Executive director                 Professor J Gerwel                           
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                `N` ordinary shares                          
Number of securities               2 778 822                                    
Strike Price                       R1.09 per share                              
Value of transaction               R3 028 916                                   
Vesting period                     The options vest over five years on the date 
                                   of acceptance of the options, in tranches of 
20% per annum                                
Nature of transaction              Grant and acceptance of share options through
                                   the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Executive director                 MA Brey                                      
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                `N` ordinary shares                          
Number of securities               1 112 155                                    
Strike Price                       R1.09 per share                              
Value of transaction               R1 212 249                                   
Vesting period                     The options vest over five years on the date 
of acceptance of the options, in tranches of 
                                   20% per annum                                
Nature of transaction              Grant and acceptance of share options through
                                   the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Executive director                 FJ Roberston                                 
Company of which a director        Brimstone                                    
Transaction date                   22 December 2004                             
Class of securities                `N` ordinary shares                          
Number of securities               1 112 155                                    
Strike Price                       R1.09 per share                              
Value of transaction               R1 212 249                                   
Vesting period                     The options vest over five years on the date 
                                   of acceptance of the options, in tranches of 
                                   20% per annum                                
Nature of transaction              Grant and acceptance of share options through
the Brimstone Share Trust                    
Extent of interest                 Direct beneficial                            
Johannesburg                                                                    
24 December 2004                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 24/12/2004 11:37:10 AM                     
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