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Thu 14 Jul 2005, 17:46 Dealings In Securities By Director
Independent Financial Services Ltd - Dealings In Securities By Director         
Independent Financial Services Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1950/037061/06)                                            
Share code:  IND         ISIN code: ZAE000025300                                
In accordance with the requirements of paragraph 3.63 to 3.74 of the JSE, the   
following should be noted:                                                      
Name of Director         :    JW Simpson                                        
Transaction Date         :    14-07-2005                                        
Class of shares          :    Ordinary                                          
Number of shares         :    1500                                              
Price per share          :    R0.33                                             
Nature of transaction    :    Purchase                                          
Nature of interest       :    Direct Beneficial                                 
Approval obtained        :    Yes                                               
14 July 2005
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