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Wed 22 Jun 2005, 17:51 Dealing In Securities By Directors
Brimstone - Dealing In Securities By Directors                                  
Brimstone Investment Corporation Limited                                        
(Registration number: 1995/010442/06)                                           
(Incorporated in the Republic of South Africa)                                  
ISIN: ZAE000015277  Share Code: BRT                                             
ISIN: ZAE000015285  Share Code: BRN                                             
(`Brimstone` or the `Company`)                                                  
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 the dealing in    
securities by directors, is disclosed:                                          
Executive director                 Mr MA Brey                                   
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               8 152 785                                    
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R8 968 063                                   
Extent of interest                 8 013 067 taken as indirect beneficial and   
139 718 as indirect non-beneficial           
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Executive director                 Mr FJ Robertson                              
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               8 109 843                                    
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R8 920 827                                   
Extent of interest                 8 057 343 taken as indirect beneficial and 52
                                   500 as indirect non-beneficial               
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive Chairman             Professor GJ Gerwel                          
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               5 046 131                                    
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R5 550 744                                   
Extent of interest                 187 500 taken as direct beneficial and 4 858 
                                   631 as indirect beneficial                   
Nature of transaction              `N` ordinary shares taken up by the director 
in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
to Brimstone shareholders dated 30 May 2005  
Non-executive director             Dr P Gorvalla                                
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               90 600                                       
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R99 660                                      
Extent of interest                 Direct beneficial                            
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive director             Mr M Hewu                                    
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               88 500                                       
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R97 350                                      
Extent of interest                 84 750 taken as direct beneficial and 3 750  
                                   as indirect non-beneficial                   
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive director             Mr N Khan                                    
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               107 727                                      
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R118 500                                     
Extent of interest                 Direct beneficial                            
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive director             Mr Y Pahad                                   
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               789 022                                      
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R867 924                                     
Extent of interest                 165 397 taken as direct beneficial, 436 125  
as indirect beneficial and 187 500 as        
                                   indirect non-beneficial                      
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive director             Mr LA Parker                                 
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               282 075                                      
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R310 283                                     
Extent of interest                 Indirect beneficial                          
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
                                   155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
Non-executive director             Mr AA Roberts                                
Company of which a director        Brimstone                                    
Transaction date                   20 June 2005                                 
Class of securities                `N` ordinary shares                          
Number of securities               135 000                                      
Price                              R1.10 per `N` ordinary share                 
Value of transaction               R148 500                                     
Extent of interest                 Direct beneficial                            
Nature of transaction              `N` ordinary shares taken up by the director 
                                   in terms of the claw-back offer of 100 076   
155 Brimstone `N` ordinary shares to         
                                   shareholders at R1.10 per Brimstone `N`      
                                   ordinary share as contained in the circular  
                                   to Brimstone shareholders dated 30 May 2005  
For all of the above transactions written clearance to deal was obtained.       
Cape Town                                                                       
22 June 2005                                                                    
Sponsor                                                                         
Nedbank Capital
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