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Spanjaard Limited - Dealing In Securities By Directors

Release Date: 23/02/2004 12:23:03      Code(s): SPA
Spanjaard Limited - Dealing in securities by directors                          
Spanjaard Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1960/004393/06                                              
Share Code:  SPA                                                                
ISIN:  ZAE000006938                                                             
("the company")                                                                 
Dealing in securities by directors                                              
In compliance with paragraph 3.63 to 3.74 of the JSE Securities Exchange South  
Africa Listing Requirements, the following information is disclosed:            
Director                                :  DH Petersen                          
Date of transaction                     :  23 February 2004                     
Price per share                         :  R1.28                                
Number of shares                        :  500                                  
Total value                             :  R640                                 
Class of securities                     :  Ordinary shares                      
Nature of transaction                   :  Purchase                             
Extent of interest                      :  Direct and beneficial                
Confirmation of clearance               :  Confirmed                            
Director                                :  R Sacks                              
Date of transaction                     :  23 February 2004                     
Price per share                         :  R1.28                                
Number of shares                        :  285 500                              
Total value                             :  R365 440                             
Class of securities                     :  Ordinary shares                      
Nature of transaction                   :  Purchase                             
Extent of interest                      :  Direct and beneficial                
Confirmation of clearance               :  Confirmed                            
Director                                :  Robert Spanjaard                     
Nature of transaction                   :  Sale of shares by Spanjaard Group    
                                           Limited                              
Date of transaction                     :  19, 20 and 23 February 2004          
Price per share                         :  R1.28                                
Number of shares                        :  781 500                              
Total value                             :  R1 000 320                           
Class of securities                     :  Ordinary shares                      
Nature or interest                      :  Chairman of Spanjaard Group Limited  
                                           and Spanjaard Limited                
Extent of the interest                  :  Indirect and beneficial interest     
Confirmation of clearance               :  Confirmed                            
23 February 2004                                                                
Johannesburg                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration no: 1970/003711/07)                                               
Date: 23/02/2004 12:23:05 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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