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Fri 30 Jun 2006, 17:56 Gold Reef Resorts - Dealing In Securities By Direc
GDF
 GDF                                                                             
Gold Reef Resorts - Dealing In Securities By Directors (Correction)             
Gold Reef Resorts Limited                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
("Gold Reef Resorts")                                                           
Share code: GDF     ISIN: ZAE000028338                                          
DEALING IN SECURITIES BY DIRECTORS                                              
Shareholders are advised to ignore the previous announcement that was           
erroneously released earlier today on SENS. Messrs S Joffe and J Friedman were  
cited in error in the previous announcement, when in fact the announcement ought
to have referred to Mr M Krok.                                                  
In compliance with rule 3.63 of the JSE Limited Listings Requirements, the      
following information relating to dealings in securities by a director is       
disclosed:                                                                      
1) Non-executive Chairman:     Maxim Krok who is a shareholder of Bluebush      
Investments (Pty) Ltd, the entity which entered  
                               into the transaction                             
Director of:                   Gold Reef Resorts                                
Number of shares purchased,                                                     
date of transaction and                                                         
total value of transaction :   7 000 shares bought on 29 June 2006 at R13.24 per
                               share with a total value of R92 680.00           
Extent of interest:            Indirect beneficial                              
Class of securities:           Ordinary shares                                  
Nature of transaction:         Purchase on the open market                      
Clearance to deal granted:     Yes                                              
2) Non-executive Chairman:     Maxim Krok who is a trustee and beneficiary of   
the Maxim Krok 1994 Trust, the entity which      
                               entered into the transaction                     
Director of:                   Gold Reef Resorts                                
Number of shares purchased,                                                     
date of transaction and                                                         
total value of                                                                  
transaction:                   93 000 shares bought on 29 June 2006 at R13.24   
                               per share with a total value of R1 231 320.00    
Extent of interest:            Indirect beneficial                              
Class of securities:           Ordinary shares                                  
Nature of transaction:         Purchase on the open market                      
Clearance to deal granted:     Yes                                              
Johannesburg                                                                    
30 June 2006                                                                    
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 30/06/2006 05:56:56 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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