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Tue 7 Jun 2005, 15:44 DEALING IN SECURITIES BY DIRECTORS
Ellerine Holdings Limited - Dealing In Securities By Directors                  
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 DIRECTORS                                              
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:                          R A Rawlings                                 
Company:                           Ellerines                                    
Date of transaction:               6 June 2005                                  
Number of shares:                  82 500                                       
Price sold at:                     R49.22 per share                             
Value of transaction:              R4 060 650                                   
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 R17.04 per share              
Written clearance to                                                            
deal obtained:                     Yes                                          
Director:                          P J C Squires                                
Company:                           Ellerines                                    
Date of transaction:               6 June 2005                                  
Number of shares:                  36 657                                       
Price sold at:                     R49.52 per share                             
Value of transaction:              R1 815 254.64                                
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 R18.85 per share              
Written clearance to                                                            
deal obtained:                     Yes                                          
Director:                          P J C Squires                                
Company:                           Ellerines                                    
Date of transaction:               6 June 2005                                  
Number of shares:                  53 100                                       
Strike price of shares acquired:   R17.26 per share                             
Value of transaction:              R916 506                                     
Extent of interest:                Direct beneficial                            
Share class:                       Ordinary shares                              
Nature of transaction:             Shares acquired through the exercise of share
                                   options in terms of the Ellerines Employees  
                                   Share Trust                                  
Written clearance to                                                            
deal obtained:                     Yes                                          
Johannesburg                                                                    
7 June 2005                                                                     
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 07/06/2005 03:47:27 PM             
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