MICROMEGA HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS

MICROMEGA HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTORS                 
Micromega Holdings Limited                                                      
(Registration number 1998/003821/06)                                            
(Incorporated in the Republic of South Africa)                                  
ISIN code: ZAE000034435                                                         
JSE Share code: MMG                                                             
("MICROmega" or "the Company")                                                  
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.74 of the Listing Requirements of the JSE        
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by directors, is disclosed:                               
Executive Director:                R Gibbs                                      
Transaction date:                  31 May 2004                                  
Class of securities:               Ordinary share                               
Strike price:                      45 cents per share                           
Number of securities:              160 000                                      
Total value:                       R72 000                                      
Nature of transaction:             Options Exercised                            
Extent of interest:                Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Executive Director:                A W Browne                                   
Transaction date:                  31 May 2004                                  
Class of securities:               Ordinary share                               
Strike price:                      45 cents per share                           
Number of securities:              160 000                                      
Total value:                       R72 000                                      
Nature of transaction:             Options Exercised                            
Extent of interest:                Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Johnnesburg, South Africa                                                       
8 June 2004                                                                     
Sponsor:                                                                        
LPC Manhattan Sponsors (Pty) Ltd                                                
Date: 08/06/2004 12:58:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department