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Mon 4 Apr 2005, 13:47 EXERCISE OF OPTIONS
TRENCOR LIMITED - EXERCISE OF OPTIONS AND SUBSEQUENT SALE OF SECURITIES BY      
COMPANY SECRETARY                                                               
TRENCOR LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1955/002869/06)                                           
ISIN: ZAE000007506                                                              
Share Code: TRE                                                                 
In compliance with the Listings Requirements of the JSE Securities Exchange     
South Africa, the following information is disclosed:                           
Company Secretary             :    GW Norval                                    
Company                       :    Trencor Limited                              
Date of transaction           :    4 April 2005                                 
Nature of transaction         :    Exercise of options                          
Class of securities           :    Ordinary shares                              
Number of options exercised   :    10 000                                       
Option strike price           :    R5,25                                        
Total value of transaction    :    R52 500                                      
Nature and extent of interest :    Direct/beneficial                            
Clearance obtained            :    Yes                                          
Date of transaction           :    4 April 2005                                 
Nature of transaction         :    Sale of securities                           
Number of securities          :    10 000                                       
Class of securities           :    Ordinary shares                              
Selling price                 :    R19,50                                       
Total value of transaction    :    R195 000.00                                  
Nature and extent of interest :    Direct/beneficial                            
Clearance obtained            :    Yes                                          
Cape Town                                                                       
4 April 2005                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE
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