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Mon 16 May 2005, 16:36 Exercise of options and subsequent sale
Astrapak- Exercise of options and subsequent sale of securities by a director   
ASTRAPAK LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1995/009169/06)                                           
Share Code: APK            ISIN: ZAE000030938                                   
(`Astrapak`)                                                                    
In compliance with the JSE Securities Exchange South Africa Listings            
Requirements, the following information is disclosed:                           
Director                      :    HA Todd                                      
Company                       :    Astrapak Limited                             
Date of transaction           :    16 May 2005                                  
Nature of transaction         :    Exercise of options                          
Class of securities           :    Options in respect of linked                 
                                   units                                        
Number of options exercised   :    33 333                                       
Option strike price           :    R3.75                                        
Total value of transaction    :    R124 998.75                                  
Nature and extent of                                                            
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Date of transaction           :    16 May 2005                                  
Nature of transaction         :    Sale of securities                           
Number of securities          :    33 333                                       
Class of securities           :    Linked units                                 
Selling price                 :    R11.90                                       
Total value of transaction    :    R396 662.70                                  
Nature and extent of                                                            
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Sandton                                                                         
16 May 2005                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 16/05/2005 04:32:02 PM
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