Tiwheel - Director`s Dealings In Securities
Tiger Wheels Limited
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1970/011662/07)
(`TIWHEEL` OR `THE COMPANY`)
SHARE CODE: TIW
ISIN NUMBER: ZAE000007407
DIRECTOR`S DEALINGS IN SECURITIES
In compliance with Rules 3.63 to 3.74 of the Listings Requirements of the JSE
Securities Exchange South Africa (`JSE`), the company hereby advises the
following dealings by a director in Tiwheel securities:
Name of director Martin B Glatt
Name of company of which he Tiwheel
is a director
Date of transaction 29 April 2005
Class of securities Ordinary
Nature of transaction Sale of shares - relating to the
exercise by Bidvest Limited
(`Bidvest`) of an American call option
which was exercisable on or before 30
April 2005 (sale of the call option
was announced on 4 December 2004)
Interest Indirect beneficial
Number of securities 1 500 000 of the 1 800 000 granted to
exercised Bidvest
Exercise price R 24.00
Value R 36 000 000
In line with Tiwheel corporate governance principles and in terms of Rule 3.66
of the JSE Listings Requirements, prior clearance to deal in the above
securities has been obtained from the board.
Johannesburg
5 May 2005
SPONSOR
SASFIN CORPORATE FINANCE
A DIVISION OF SASFIN BANK LIMITED
Date: 05/05/2005 05:00:04 PM
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