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Spanjaard Limited - Dealing In Securities By Directors

Release Date: 27/09/2001 16:34:57      Code(s): SPA
In compliance with rule 3.72 of the JSE Listing Requirements, the following
information is disclosed:
Director                 : R J W Spanjaard
Date of transaction      : 26 September 2001
Number of shares sold    : 100 000 ordinary shares
Price sold at            : R2,50 per ordinary share
Nature of transaction    : Sale of shares on open market
Extent of interest       : Direct beneficial
Director                 : R Sack
Date of transaction      : 26 September 2001
Number of shares bought  : 50 000 ordinary shares
Price bought at          : R2,50 per ordinary share
Nature of transaction    : Bought shares on open  market
Extent of interest       : Direct beneficial
Director                 : T S Gien
Date of transaction      : 26 September 2001
Number of shares bought  : 50 000 ordinary shares
Price bought at          : R2,50 per ordinary share
Nature of transaction    : Bought shares on open market
Extent of interest       : Direct beneficial



                                        
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