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Wed 17 Jan 2007, 9:53 SER - Seardel - Directors` Dealings In Securities
SER   SRN
 SER                                                                             
SER - Seardel - Directors` Dealings In Securities                               
Seardel Investment Corporation Limited                                          
Registration no. 1968/011249/06                                                 
(Incorporated in the Republic of South Africa)                                  
JSE Code: SER & ISIN Code:  ZAE000029815                                        
JSE Code: SRN & ISIN Code:  ZAE000030144                                        
("Seardel" or the "company")                                                    
DIRECTORS` DEALINGS IN SECURITIES                                               
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise the following dealings by a director in the company`s          
securities:                                                                     

Name of director:                           Walter Simeoni                      
Date of transaction:                        16 January 2007                     
Number of securities:                       99,218                              
Price per security:                         R8.00                               
Total value:                                R793,744.00                         
Class of security:                          N ordinary shares                   
Nature of transaction:                      Sale                                
Nature and extent of directors` interest:   Direct beneficial                   
                                                                                
Clearance to deal was received in terms of paragraph 3.66 of the Listings       
Requirements.                                                                   
Rosebank                                                                        
17 January 2007                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 17/01/2007 09:53:01 Produced by the JSE SENS Department.
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