PETMIN - DECLARATION OF SPECIAL DIVIDEND

PETMIN - DECLARATION OF SPECIAL DIVIDEND                                        
PETRA MINING LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1972/001062/06)                                            
Share Code: PET                                                                 
ISIN: ZAE 000010237                                                             
("Petmin" or "the company")                                                     
Declaration of Special Dividend                                                 
In accordance with the Petmin announcement to shareholders dated 15 July 2002,  
notice is hereby given that a special dividend of 15 cents per share has been   
declared payable to members out of the company`s revenue reserves.              
SALIENT DATES AND TIMES                                                         
                                                                       2002     
Dividend declaration date                                   Monday, 15 July     
Last day to trade "cum" the dividend in order                                   
to participate in the dividend                            Friday, 23 August     
Trade in the Petmin shares will                                                 
commence "Ex" the dividend                                Monday, 26 August     
Record date on which Petmin shareholders                                        
must be recorded in the register to be entitled                                 
to the dividend                                           Friday, 30 August     
Payment date                                            Monday, 2 September     
Share certificates may not be dematerialised or rematerialised from Monday, 26  
August 2002 to Friday, 30 August 2002 both days inclusive.                      
By order of the board                                                           
Petra Mining Limited                                                            
Registered office                                                               
28 Visagie Street                                                               
5th Floor                                                                       
Guarantee House                                       Pretoria                  
Pretoria, 0002                                    15 July 2002                  
Lead Sponsor                                                                    
RIVER                                                                           
Riverbank Sponsor Services (Pty)Ltd                                             
Registration number 2000/025913/07                                              
Joint Sponsor                                                                   
BOE SECURITIES                                                                  
BOE Securities (Pty)Ltd                                                         
Member of the JSESecurities Exchange South Africa                               
(Co. Reg. No. 1995/012240/07)                                                   
Date: 16/07/2002 07:46:12 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department