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SCHARRIG MINING LIMITED - SCHARRIG MINING LIMITED                               
SCHARRIG MINING LIMITED                                                         
Incorporated in the Republic of South Africa                                    
Registration number 1992/001973/06                                              
Share code: SCN         ISIN:  ZAE000006474                                     
(`Schamin` or `the Company`)                                                    
DIRECTORS` DEALINGS IN SECURITIES                                               
In compliance with paragraph 3.63 the Listings Requirements of the JSE          
Securities Exchange South Africa (`JSE`), we hereby advise the following        
dealings by a director in Scahmin securities:                                   
Name of director                        Clint Moorcroft                         
Name of company of which he is a        Schamin                                 
director                                                                        
Date of transactions                    1 February 2005                         
Class of securities                     Ordinary                                
Nature of transactions                  Sale                                    
Interest                                Direct                                  
Clearance to deal received in           Yes                                     
accordance with section 3.66 of the JSE                                         
Listings Requirements                                                           
Price of securities                     260 cents                               
Number of securities                    10 000                                  
Total value of securities               R 26 000                                
Johannesburg                                                                    
2 February 2005

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