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Tue 19 Dec 2006, 17:30 SCN - Scharrig Mining Limited - Exercise of share
SCN
 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                                          
Vunani Corporate Finance (Pty) Limited is authorised to announce that as at 19  
December 2006, the following exercised share options in the Company:            
 Director              Allot at 53 cents   Value (R)                            
 C Scharrighuisen      40 000              21 200 - 00                          
C Moorcroft           40 000              21 200 - 00                          
 TR Hendry             40 000              21 200 - 00                          
 J Holland             40 000              21 200 - 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                                                                        
19 December 2006                                                                
Sponsor                                                                         
Vunani Corporate Finance (Pty) Limited                                          
Date: 19/12/2006 17:30:01 Produced by the JSE SENS Department.
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