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Tue 24 May 2005, 13:53 Exercise Of Options By Directors
Astrapak Limited - Exercise Of Options By Directors                             
ASTRAPAK LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1995/009169/06)                                           
Share Code: APK            ISIN: ZAE000030938                                   
(`Astrapak`)                                                                    
In compliance with 3.63 to 3.74 of the JSE Securities Exchange South Africa     
Listings Requirements, the following information is disclosed:                  
Director                      :    G Petzer                                     
Company                       :    Astrapak Limited                             
Date of transaction           :    24 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                                          
Director                      :    R Crewe-Brown                                
Company                       :    Astrapak Limited                             
Date of transaction           :    23 May 2005                                  
Nature of transaction         :    Exercise of options                          
Class of securities           :    Options in respect of linked                 
                                   units                                        
Number of options exercised   :    150 000                                      
Option strike price           :    R2.40                                        
Total value of transaction    :    R360 000.00                                  
Nature and extent of                                                            
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Director                      :    WJ Venter                                    
Company                       :    Astrapak Limited                             
Date of transaction           :    23 May 2005                                  
Nature of transaction         :    Exercise of options                          
Class of securities           :    Options in respect of linked                 
                                   Units                                        
Number of options exercised   :    116 667                                      
Option strike price           :    R2.40                                        
Total value of transaction    :    R280 000.80                                  
Number of options exercised   :    83 333                                       
Option strike price           :    R3.75                                        
Total value of transaction    :    R312 498.75                                  
Nature and extent of                                                            
director`s interest           :    Direct beneficial                            
Clearance obtained            :    Yes                                          
Sandton                                                                         
24 May 2005                                                                     
Sponsor                                                                         
RAND MERCHANT BANK                                                              
(A division of FirstRand Bank Limited)                                          
Date: 24/05/2005 12:37:28 PM 
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