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Fri 9 Mar 2007, 7:31 MRF - Merafe Resources Limited - Dealing In Securi
MRF
 MRF                                                                             
MRF - Merafe Resources Limited - Dealing In Securities By Directors             
Merafe Resources Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06                                             
Share Code: MRF & ISIN NO: ZAE000060000                                         
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Limited, the following information is disclosed:                            
Director                      :  Zed van der Walt                               
Company                       :  Merafe Resources Limited                       
Date of transaction           :  7 March 2007                                   
Nature of transaction         :  Exercise of share options and sale of shares   
Class of securities           :  Ordinary shares                                
Number of securities          :  6 600 000 shares                               
Average strike price          :  44 cents per share                             
Sale price                    :  100 cents per share                            
Total value of transactions   :  R 6 600 000.00                                 
Nature of interest            :  Direct beneficial                              
Clearance obtained            :  Yes                                            
Director                      :  Bruce Mcbride                                  
Company                       :   Merafe Resources Limited                      
Date of transaction           :  7 March 2007                                   
Nature of transaction         :  Exercise of options and sale of shares         
Class of securities           :  Ordinary shares                                
Number of securities          :  3 300 000 shares                               
Average strike price          :  44 cents per share                             
Sale price                    :  100 cents per share                            
Total value of transactions   :  R 3 300 000                                    
Nature of interest            : Direct beneficial                               
Clearance obtained            :  Yes                                            
Sandton                                                                         
8 March 2007                                                                    
Sponsor                                                                         
ABSA Capital                                                                    
Date: 09/03/2007 07:31:01 Produced by the JSE SENS Department.
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