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Thu 16 Mar 2006, 17:43 Cadiz Holdings Limited - Dealing In Securities Of
CDZ
 CDZ                                                                             
Cadiz Holdings Limited - Dealing In Securities Of Cadiz Holdings Limited        
Cadiz Holdings Limited                                                          
Incorporated in the Republic of South Africa)                                   
Registration number 1997/007258/06)                                             
Share code:  CDZ   ISIN: ZAE000017661                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director:                James Walsh                                            
Office held:             Director of major subsidiary of Cadiz Holdings Limited 
Company:                 Cadiz Stock Broking (Pty) Ltd                          
Nature of transaction:   Take up and purchase of shares pursuant to the vesting 
and exercising of options   already granted and        
                         accepted in Cadiz and subsequent disposal to settle the
                         debt and tax arising on the exercise of options        
Option strike price:     88 cps                                                 
Date of exercise:        15 March 2006 and 16 March 2006                        
Number of options:       326 626                                                
Vesting date:            1 October 2003, 1 January 2005 & 1 January 2006        
Period of vesting:       5 years, 3 years and 4 years respectively              
Value of transaction:    R287 430.88                                            
Date of sale:            15 March 2006 and 16 March 2006                        
Number of shares sold:   79 558 and 88 856                                      
Price per share:         463.23cps and 450.97cps                                
Value of transaction:    R769 253.77                                            
Class of shares:         Ordinary                                               
Nature of interest:      Direct beneficial                                      
Clearance in terms of paragraph 3.66 has been given by designated person        
Director:                Darren Simpson                                         
Office held:             Director of major subsidiary of Cadiz Holdings Limited 
Company:                 Cadiz Stock Broking (Pty) Ltd                          
Nature of transaction:   Take up and purchase of shares pursuant to the vesting 
and exercising of options   already granted and        
                         accepted in Cadiz and subsequent disposal to settle the
                         debt and tax arising on the exercise of options        
Option strike price:     88 cps                                                 
Date of exercise:        15 March 2006 and 16 March 2006                        
Number of options:       332 595                                                
Vesting date:            1 October 2003, 1 January 2005 & 1 January 2006        
Period of vesting:       5 years, 3 years and 4 years respectively              
Value of transaction:    R292 683.60                                            
Date of sale:            15 March 2006 and 16 March 2006                        
Number of shares sold:   79 558 and 91 949                                      
Price per share:         463.23cps and 450.97cps                                
Value of transaction:    R783 201.20                                            
Class of shares:         Ordinary                                               
Nature of interest:      Direct beneficial                                      
Clearance in terms of paragraph 3.66 has been given by designated person        
16 March 2006                                                                   
Sponsor: Investec Bank Limited                                                  
Date: 16/03/2006 05:43:50 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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