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Thu 21 Apr 2005, 16:26 Dealing In Securities By Directors
Imperial Holdings Limited - Dealing In Securities By Directors                  
Imperial Holdings Limited                                                       
(Reg No. 1946/021048/06)                                                        
Short Name: IMPERIAL                                                            
JSE Code: IPL                                                                   
ISIN: ZAE000003620                                                              
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
(In compliance with paragraph 3.63 of the Listings Requirements of the JSE      
Securities Exchange South Africa)                                               
Name of director:                       R J Boettger                            
Date of transaction:                    20 April 2005                           
Nature of transaction:                  Exercise and sale of share options      
Class of security:                      Ordinary shares                         
Nature and extent of director`s                                                 
interest in transaction:                Direct / beneficial                     
Number of shares:                       Options exercised 150000 / Sale of      
                                        shares 140000                           
Price per share:                        Exercise value - R57.60 / Sale value @  
                                        average rate - R101.44                  
Total value of transaction:             R14 201 600                             
Clearance obtained to deal in                                                   
the shares:                             Yes                                     
Date of declaration:                    21 April 2005                           
Sponsor                                                                         
Merrill lynch South Africa (Pty) Ltd
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