BOWLER METCALF LIMITED - DEALINGS IN SECURITIES BY DIRECTOR

BOWLER METCALF LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                     
BOWLER METCALF LIMITED - DEALINGS IN SECURITIES BY DIRECTOR                     
In compliance with Rule 3.72 - 3.75 of the JSE Listings Requirements, the       
following information is disclosed:                                             
Director:                    Mr MA Olds                                         
Date of transaction:         12 September 2003                                  
Price:                       300cps                                             
Class of security:           Ordinary Share                                     
Amount:                      109,000 shares                                     
Nature of transaction:       Sale                                               
Nature of interest:          Direct beneficial                                  
Director:                    Mr MA Olds                                         
Date of transaction:         12 September 2003                                  
Price:                       no consideration                                   
Class of security:           Ordinary Share                                     
Amount:                      31,000 shares                                      
Nature of transaction:       Donation                                           
Nature of interest:          Direct beneficial                                  
Date: 12/09/2003 01:17:14 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department