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Thu 24 Nov 2005, 15:48 Trencor Limited - Exercise Of Options And Subseque
Trencor Limited - Exercise Of Options And Subsequent Sale Of Securities By A    
Director                                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1955/002869/06)                                           
ISIN: ZAE000007506                                                              
Share Code: TRE                                                                 
In compliance with the Listings Requirements of the JSE Limited, the following  
information is disclosed:                                                       
Director                      :    HR van der Merwe                             
Company                       :    Trencor Limited                              
Date of transaction           :    22 November 2005                             
Nature of transaction         :    Exercise of options                          
Class of securities           :    Ordinary shares                              
Number of options exercised   :    10 500                                       
Option strike price           :    R5,25                                        
Total value of transaction    :    R55 125                                      
Nature and extent of                                                            
director"s interest           :    Indirect/beneficial                          
Clearance obtained            :    Yes                                          
Date of transaction           :    22 November 2005                             
Nature of transaction         :    Sale of securities                           
Number of securities          :    10 500                                       
Class of securities           :    Ordinary shares                              
Selling price                 :    R21,60                                       
Total value of transaction    :    R226 800                                     
Nature and extent of                                                            
director"s interest           :    Indirect/beneficial                          
Clearance obtained            :    Yes                                          
Cape Town                                                                       
24 November 2005                                                                
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 24/11/2005 03:48:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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