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Tue 29 Mar 2005, 14:57 Dealing In Securities Of Cadiz Holdings Limited
Cadiz Holdings Limited - Dealing In Securities Of Cadiz Holdings Limited        
Cadiz Holdings Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/007258/06)                                            
Share code:  CDZ   ISIN: ZAE000017661                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director:                Ram Barkai                                             
Office held:             Director of major subsidiary of Cadiz Holdings Limited 
Company:                 Cadiz Special Projects Limited                         
Nature of transaction:   Take up and purchase of shares pursuant to the vesting 
and exercising of options already granted and accepted 
                         in Cadiz                                               
Option strike price:     88 cps                                                 
Date of exercise:        29 March 2005                                          
Number of shares:        300 000                                                
Vesting date:            1 January 2005                                         
Period of vesting:       3 years                                                
Class of shares:         Ordinary                                               
Nature of interest:      Indirect beneficial                                    
Value of transaction:    R264 000                                               
Clearance in terms of paragraph 3.66 has been given by the designated director  
29 March 2005                                                                   
Sponsor: Investec Bank Limited                                                  
Date: 29/03/2005 02:51:54 PM                    
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