Cullinan Holdings Limited - Dealings By A Director

Cullinan Holdings Limited - Dealings By A Director                              
Cullinan Holdings Limited                                                       
(Registration number 1902/001808/06)                                            
(Incorporated in the Republic of South Africa)                                  
(Share Code: CUL        ISIN: ZAE000001947)                                     
Dealings By A Director                                                          
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:                Quentin A Southey                                      
Date of transaction:     14 August 2003                                         
Price:                   29 cents per share                                     
Number of shares:        300 000                                                
Class of security:       Ordinary shares                                        
Nature of transaction:   Sale of shares                                         
Extent of interest:      Beneficial                                             
Date: 15/08/2003 12:22:55 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department