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Tue 8 Mar 2005, 17:33 Iliad Africa Limited - Directors" Dealings
Iliad Africa Limited - Directors` Dealings                                      
Iliad Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/011938/06)                                            
Share code: ILA  ISIN: ZAE000015038                                             
DIRECTORS` DEALINGS                                                             
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
JSE Securities Exchange South Africa, the following information is disclosed:   
Name of company secretary     : Mr Luis Mendes                                  
Date of transaction           : 7 March 2005                                    
Price per share               : 77 cents                                        
Number of shares              : 67 000                                          
Total value                   : R51 590                                         
Class of securities           : Ordinary shares of no par value                 
Nature of transaction         : Exercise of share options                       
Extent of interest            : Direct and beneficial                           
Consent                       : Clearance was given                             
8 March 2005                                                                    
Johannesburg                                                                    
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 08/03/2005 05:28:03 PM                
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