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Mon 3 Apr 2006, 14:55 Invicta Holdings Limited - Directors Dealing In Se
IVT
 IVT                                                                             
Invicta Holdings Limited - Directors Dealing In Securities                      
Invicta Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1966/002182/06)                                            
Share code: IVT & ISIN code: ZAE000029773                                       
("Invicta")                                                                     
Directors Dealing In Securities                                                 
In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the   
following should be noted:                                                      
Name of Director                        A Goldstone                             
Date of Transaction:                    30 March 2006                           
Nature of transaction:                  Collar                                  
Number of options                       600 000 (3 tranches of 200 000 each)    
Class of Securities:                    Ordinary shares                         
Deal 1:                                                                         
Expiration Date:                        9 January 2008                          
No Options:                             200 000                                 
Put Strike:                             R15.57                                  
Call Strike:                            R22.26                                  
Deal 2:                                                                         
Expiration Date:                        30 March 2008                           
No Options:                             200 000                                 
Put Strike:                             R15.57                                  
Call Strike:                            R22.78                                  
Deal 3:                                                                         
Expiration Date:                        30 June 2008                            
No Options:                             200 000                                 
Put Strike:                             R15.57                                  
Call Strike:                            R23.46                                  
Extent of interest:                     Indirect beneficial                     
Clearance was obtained.                                                         
3 April 2006                                                                    
Date: 03/04/2006 02:55:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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