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Omnia - Shares allocated to directors in terms of the third partnership

Release Date: 12/07/2006 10:11:26      Code(s): OMN
Omnia -   Shares allocated to directors in terms of the third partnership       
          with management scheme                                                
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/003680/06)                                            
JSE code: OMN                                                                   
ISIN: ZAE000005153                                                              
MANAGEMENT SCHEME ("THE SCHEME")                                                
Omhold advises that Messrs R B Humphris and N K H Fitz-Gibbon, executive        
directors of Omhold, and Mr AJ Rorke a director of a major subsidiary, Bulk     
Mining Explosives (Proprietary) Limited, have been allocated shares in terms    
of the Scheme.  The Scheme was approved by the Omhold shareholders at a         
general meeting held on 30 September 2004.  In terms of the Scheme,             
participants receive preference shares in Omnia Group Limited ("Omgroup")       
and subject to stated profit targets being met (the suspensive condition)       
over a five-year period ending on 30 June 2009, the Omgroup preference          
shares will each be converted into a maximum of 6.25 Omhold ordinary shares.    
The allocations were as follows:                                                
                            RB HUMPHRIS    NKH FITZ-GIBBON  AJ RORKE            
No. of preference shares                                                        
in Omgroup received                                                             
4 800          4 800            1 600               
Maximum number of Omhold                                                        
ordinary shares to be                                                           
received on conversion of                                                       
the Omgroup preference                                                          
shares                      30 000         30 000           10 000              
Price per Omgroup                                                               
preference share            R6.25          R6.25            R6.25               
Interest in Omhold          Direct         Indirect         Direct              
ordinary shares             beneficial     beneficial       beneficial          
Date of fulfilment of the                                                       
suspensive condition        31 March 2009  31 March 2009    31 March 2009       
The allocations were ratified by the Chairman of the Board.                     
12 July 2006                                                                    
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 12/07/2006 10:11:30 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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