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Thu 22 Feb 2007, 14:09 SPS - Spescom - Dealings In Securities
SPS
 SPS                                                                             
SPS - Spescom - Dealings In Securities                                          
Spescom Limited                                                                 
Incorporated in the Republic of South Africa)                                   
Registration No. 1987/001083/06)                                                
("Spescom")                                                                     
Share Code: SPS & ISIN Code: ZAE000017919                                       
Dealings in securities                                                          
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Executive director        A Farah                                               
Number of options         190 000                                               
Price                     82 cps                                                
Class of shares           Ordinary shares                                       
Nature of interest        Direct beneficial                                     
Transaction date          22 February                                           
Nature of transaction     Allocation and acceptance of options                  
Executive director        J Palmer                                              
Number of options         220 000                                               
Price                     82 cps                                                
Class of shares           Ordinary shares                                       
Nature of interest        Direct beneficial                                     
Transaction date          22 February                                           
Nature of transaction     Allocation and acceptance of options                  
Executive director        T Makore                                              
Number of options         285 000                                               
Price                     82 cps                                                
Class of shares           Ordinary shares                                       
Nature of interest        Direct beneficial                                     
Transaction date          22 February                                           
Nature of transaction     Allocation and acceptance of options                  
In terms of the Spescom Limited Share Trust ("the Trust"), share options in     
ordinary shares in terms of the rules of the Trust have been granted to         
participants as detailed above. The options become exercisable twelve months    
from the date of grant and the option remains valid for a period of ten years.  
Clearance was obtained in terms of the JSE Listing Requirements.                
Johannesburg                                                                    
22 February 2007-02-22                                                          
Sponsor:Investec Bank Limited                                                   
Date: 22/02/2007 14:09:47 Produced by the JSE SENS Department.                  
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