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Wed 28 Sep 2005, 14:42 Spectrum Shipping Limited - Dealing In Securities
Spectrum Shipping Limited - Dealing In Securities By Director                   
Spectrum Shipping Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration No: 1998/018118/06)                                               
Share code: SUM ISIN: ZAE000037446                                              
("Spectrum" or "the company")                                                   
In accordance with the requirements of paragraph 3.63 of the Listings           
Requirements of the JSE Limited, the following should be noted:                 
Director:                           Glen Gerber, via a company in which he      
                                    is a    director and shareholder            
Date of transaction:                23 September 2005                           
Price:                              11 cents per share                          
Number of shares:                   27 272 727                                  
Total consideration:                R3 000 000                                  
Class of security:                  Ordinary shares                             
Nature of transaction:              Bought                                      
Extent of interest:                 Indirect and beneficial                     
Clearance to deal received in                                                   
terms of paragraph 3.66 of the                                                  
Listings Requirements of the                                                    
JSE Limited:                        Obtained.                                   
Pretoria                                                                        
28 September 2005                                                               
Sponsor: River Group                                                            
Date: 28/09/2005 02:42:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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