MURRAY & ROBERTS HOLDINGS LIMITED - DEALING IN SECURITIES

MURRAY & ROBERTS HOLDINGS LIMITED - DEALING IN SECURITIES                       
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1948/029826/06                                              
JSE Share Code: MUR                                                             
ISIN Code: ZAE000008983                                                         
Dealing in Securities                                                           
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
Name of Director:           Mr R W Rees                                         
Name of Company:            Murray & Roberts Holdings Limited                   
Date:                       13 October 2003                                     
Class of Securities:        Ordinary Shares                                     
Nature of Transaction:      Exercise of share options                           
                            and immediate sale of shares                        
Strike price of options:    100 000 at R3,16 and                                
                            75 000 at R4,60                                     
Price at which shares                                                           
were sold:                  R13,00 per share                                    
Number of shares taken up:  175 000                                             
Total value of securities:  R2 275 000                                          
Nature of Interest:         Beneficial (directly)                               
Clearance:                  Clearance from Group Chief                          
Executive (designated officer)                      

                            was given on 10 October 2003                        
Johannesburg                                                                    
13 October 2003                                                                 
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 13/10/2003 04:29:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department