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Fri 26 Aug 2005, 12:25 Johncom - Acceptance of options by executive direc
Johncom - Acceptance of options by executive directors and company secretary    
Johnnic Communications Limited                                                  
Registered in the Republic of South Africa                                      
(Registration number 1889/000352/06)                                            
Share code: JCM     ISIN: ZAE000024584                                          
(`Johncom`)                                                                     
ACCEPTANCE OF OPTIONS BY EXECUTIVE DIRECTORS AND COMPANY SECRETARY              
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information, relating to the acceptance of options by    
executive directors and the company secretary, is disclosed:                    
Executive director            Connie Molusi                                     
Company of which a director   Johncom                                           
Transaction date              1 July 2005                                       
Class of securities           Ordinary shares                                   
Number of securities          77 190                                            
Strike Price                  R37 per share                                     
Value of transaction          R2 856 030                                        
Vesting period                Up to 20% after 2 years, up to 40% after 3 years; 
                              up to 60% after 4 years and 100% after five years 
Nature of transaction         Grant and acceptance of share options             
Extent of interest            Direct beneficial                                 
Executive director            Prakash Desai                                     
Company of which a director   Johncom                                           
Transaction date              1 July 2005                                       
Class of securities           Ordinary shares                                   
Number of securities          77 050                                            
Strike Price                  R37 per share                                     
Value of transaction          R2 850 850                                        
Vesting period                Up to 20% after 2 years, up to 40% after 3 years; 
                              up to 60% after 4 years and 100% after five years 
Nature of transaction         Grant and acceptance of share options             
Extent of interest            Direct beneficial                                 
Executive director            Howard Benatar                                    
Company of which a director   Johncom                                           
Transaction date              1 July 2005                                       
Class of securities           Ordinary shares                                   
Number of securities          15 580                                            
Strike Price                  R37 per share                                     
Value of transaction          R576 460                                          
Vesting period                Up to 20% after 2 years, up to 40% after 3 years; 
                              up to 60% after 4 years and 100% after five years 
Nature of transaction         Grant and acceptance of share options             
Extent of interest            Direct beneficial                                 
Company Secretary             Joanne Matisonn                                   
Company of which a company                                                      
secretary                     Johncom                                           
Transaction date              1 July 2005                                       
Class of securities           Ordinary shares                                   
Number of securities          5 830                                             
Strike Price                  R37 per share                                     
Value of transaction          R215 710                                          
Vesting period                Up to 20% after 2 years, up to 40% after 3 years; 
                              up to 60% after 4 years and 100% after five years 
Nature of transaction         Grant and acceptance of share options             
Extent of interest            Direct beneficial                                 
Johannesburg                                                                    
26 August 2005                                                                  
Sponsor                                                                         
Nedbank Capital
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