CULLINAN HOLDINGS LTD - DEALINGS IN SECURITIES BY DIRECTORS

CULLINAN HOLDINGS LTD - DEALINGS IN SECURITIES BY DIRECTORS                     
Code:  CUL                                                                      
In accordance with the requirements of paragraphs 3.72 to 3.75 of the Listings  
Requirements of the JSE Securities Exchange South Africa, the following should  
be noted:                                                                       
Director                           :              Anton A Thompson              
Date of transaction                :              8 and 9 July 2002             
Price                              :              11 cents per share            
Number of shares                   :              1 371 000                     
Class of security                  :              Ordinary shares               
Nature of transaction              :              Purchase                      
Extent of interest                 :              Beneficial                    
Director                           :              Quentin A Southey             
Date of transaction                :              9 July 2002                   
Price                              :              12 cents per share            
Number of shares                   :              500 000                       
Class of security                  :              Ordinary shares               
Nature of transaction              :              Purchase                      
Extent of interest                 :              Beneficial                    
Date: 11/07/2002 11:37:43 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department