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Mon 16 Oct 2006, 16:30 Wilson Bayly Holmes - Ovcon Ltd - Directors dealin
WBO
 WBO                                                                             
Wilson Bayly Holmes - Ovcon Ltd - Directors dealings                            
Wilson Bayly Holmes - Ovcon Ltd                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1982/011014/06)                                            
Share code:  WBO & ISIN: ZAE000009932                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following is disclosed:                                                         
Director:                B G Holmes                                             
Number of shares:        500 000                                                
Price of shares:         Put strike at 6210 cents per share                     
                         Call strike at 7887 cents per share                    
Expiry date              13 October 2008                                        
Date of transaction:     13 October 2006                                        
Class of shares:         Ordinary shares in Wilson Bayly Holmes - Ovcon Ltd     
Nature of transaction:   Zero cost collar                                       
Nature of interest:      Shares held by Mr Holmes"s family company of which he  
                         may be regarded as the beneficial owner                
Clearance in terms of Rule 3.66 of the JSE Listings Requirements was obtained.  
16 October 2006                                                                 
Johannesburg                                                                    
Sponsor:Investec Bank Limited                                                   
Date: 16/10/2006 04:30:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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