BAT
BRAIT
Brait S.A. - Directors dealings in securities
BRAIT S.A.
Societe Anonyme
(incorporated in Luxembourg)
(RC Luxembourg B-13861)
NOTICE OF DISPOSAL OF SHARES
("Brait")
JSE Code: BAT & ISIN code: LU 0011857645
Issuer code: BRAIT
NOTICE OF SALE OF SHARES IN TERMS OF THE LISTING REQUIREMENTS OF THE LUXEMBOURG
STOCK EXCHANGE, THE JSE LIMITED AND THE LONDON STOCK EXCHANGE PLC
In compliance with the Listings Requirements of the above exchanges and
following Brait"s trading announcement released on 28 March 2006, notice is
hereby given that the understated directors disposed of ordinary shares in Brait
S.A. on 28 March 2006 with the Senior Chairman"s approval.
Name of Nature of Number of Price per
director interest shares share
AC Ball Indirect 1,000,000 R25.40
JA Gnodde Direct 1,000,000 R25.40
CJ Tayelor Direct 864 000 R25.40
CJ Tayelor Direct 31 307 R24.60
The principals of Brait"s new private equity fund, Brait IV, have made
substantial commitments to invest in Brait IV in order to align their interests
with the fund investors.
The above directors have in aggregate made commitments to Brait IV in excess of
the net proceeds arising from the disposal of these shares and the primary
purpose for the disposals is to fund these obligations.
Luxembourg
29 March 2006
Date: 29/03/2006 10:56:05 AM Produced by the JSE SENS Department
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