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Mon 30 May 2005, 12:09 Dealing in securities by a director
Ellerines - Dealing in securities by a director                                 
Ellerine Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/013402/06)                                            
Share code:  ELH      ISIN:  ZAE000022752                                       
(`Ellerines`)                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the JSE Securities Exchange South Africa   
Listings Requirements, the following information, relating to dealing in        
securities by directors is disclosed:                                           
Director:                     J Dritz                                           
Company:                      Ellerines                                         
Date of transaction:          27 May 2005                                       
Number of shares sold:        25 000                                            
Price sold at:                R50.25 per share                                  
Value of transaction:         R1 256 250                                        
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Shares sold on the open market arising from the   
vesting of share options at an average offer price
                              of R17.40 per share                               
Written clearance to                                                            
deal obtained:                Yes                                               
Johannesburg                                                                    
30 May 2005                                                                     
Sponsor                                                                         
Nedbank Capital
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