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Tue 28 Mar 2006, 12:48 Scharrig Mining Limited - Exercise Of Share Option
SCN
 SCN                                                                             
Scharrig Mining Limited - Exercise Of Share Options By Directors                
SCHARRIG MINING LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1992/001973/06)                                            
(Share code: SCN  &  ISIN:  ZAE000006474)                                       
("Scharrig" or "the Company")                                                   
EXERCISE OF SHARE OPTIONS BY DIRECTORS                                          
LPC Manhattan Moela (Pty) Limited is authorised to announce that as at 27 March 
2006, the following exercised share options in the Company:                     
  Director              Allot at 53 cents    Allot at 275 cents  Value (R)      
  C Scharrighuisen      34 000               -                   18 020 - 00    
C Moorcroft           34 000               10 000              45 520 - 00    
  J Holland             34 000               10 000              45 520 - 00    
  TR Hendry             34 000               -                   18 020 - 00    
All options were exercised on ordinary shares, and clearance was obtained prior 
to the exercising of the options.  The shares are directly and beneficially     
held.                                                                           
Boksburg                                                                        
27 March 2006                                                                   
Sponsor                                                                         
LPC Manhattan Moela (Pty) Limited                                               
Date: 28/03/2006 12:48:08 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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