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Wed 13 Jul 2005, 14:01 African Gem Resources Limited - Dealings In Securi
African Gem Resources Limited - Dealings In Securities By Directors Of The      
Company                                                                         
African Gem Resources Limited(Incorporated in the Republic of South             
Africa)(Registration number 1998/007292/06)JSE code: AFG    ISIN: ZAE           
000025540(`Afgem` or `the Company`)                                             
to be renamed Afgem Limited                                                     
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY                              
In compliance with 3.63 - 3.66 of the Listings Requirements of the JSE          
Securities Exchange South Africa, the following information is disclosed:       
Name of Director                   :    M Summers                               
Name of Company                    :    African Gem Resources Limited           
Date of Transaction                :    13 July 2005                            
Share Purchase Price               :    40.0 cents per share                    
Amount of Shares                   :    400                                     
Class of Security                  :    Ordinary Shares of 0.001 cent each      
Nature of Transaction              :    Purchase of Shares                      
Nature of Interest                 :    Indirect Beneficial                     
Confirmation of Clearance                                                       
in Terms of Paragraph 3.66         :    Confirmed                               
Melrose Arch                                                                    
13 July 2005                                                                    
Lead sponsor                                                                    
ABSA Corporate and Merchant Bank - Corporate Finance                            
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 13/07/2005 02:00:09 PM              
Produced by the JSE SENS Department                                             
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