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Fri 24 Mar 2006, 9:49 Real Africa Holdings Limited - Dealing in securiti
RAH
 RAH                                                                             
Real Africa Holdings Limited - Dealing in securities by a director              
Real Africa Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003919/06)                                            
(Share code: RAH)                                                               
(ISIN: ZAE000008702)                                                            
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                 : D J J Vlok                                           
Company                  : Real Africa Holdings Limited                         
Date of transaction      : 23 March 2006                                        
Nature of transaction    : Exercise of options in terms of the                  
Real Africa Share Incentive Scheme                                              
Class of securities      : Options in respect of ordinary shares                
Number of options        : 500 000                                              
Option price             : 176 cents per share                                  
Value of transaction     : R880 000                                             
Nature of interest       : Indirect beneficial                                  
Clearance obtained       : Yes                                                  
Bryanston                                                                       
24 March 2006                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 24/03/2006 09:49:36 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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