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Thu 24 Mar 2005, 10:19 ADC - Directors dealing In Securities
ADC - Directors dealing In Securities                                           
ALLIANCE DATA CORPORATION LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/013402/07)                                            
JSE Share code: ACD      ISIN: ZAE000065165                                     
(`ADC`)                                                                         
Directors dealing In Securities                                                 
In compliance with rules 3.63 to 3.65 of the JSE Listing Requirements, the      
following directors purchased shares in terms of the private placement:         
Name of director:                       CM van Nieuwkerk                        
Date of transaction:                    23 March 2005                           
Nature of transaction:                  Purchase                                
Price:                                  100 cps                                 
Number of shares:                       10 000                                  
Total amount:                           R 10 000                                
Class of security:                      Ordinary Shares                         
Nature of interest:                     Direct Beneficial                       
Clearance obtained:                     Yes                                     
Name of director:                       MJ Garbers                              
Date of transaction:                    23 March 2005                           
Nature of transaction:                  Purchase                                
Price:                                  100 cps                                 
Number of shares:                       10 000                                  
Total amount:                           R 10 000                                
Class of security:                      Ordinary Shares                         
Nature of interest:                     Direct Beneficial                       
Clearance obtained:                     Yes                                     
24 March 2005                                                                   
Johannesburg                                                                    
Date: 24/03/2005 10:15:03 AM
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