Network Healthcare Holdings Limited - Dealings in securities by Directors

Network Healthcare Holdings Limited - Dealings in securities by Directors       
Network Healthcare Holdings Limited                                             
(Co. Reg. No. 1996/004282/06)                                                   
Code : NTC                                                                      
ISIN number : ZAE000011953                                                      
DEALINGS IN SECURITIES BY DIRECTORS                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
Name of director              IM Davis                                          
Director of                   Network Healthcare Holdings Limited               
Date of transaction           22 July 2004                                      
Number of shares              1 040 000                                         
Sale price                    N/A                                               
Value of transaction          N/A                                               
Nature of interest            Direct and beneficial                             
Class of security             Ordinary                                          
Nature of transaction         Pursuant to the exercise of her share options,    
                              IM Davis has entered into a hedge over her        
                              shares in order to secure finance to take         
ownership and delivery of the Netcare shares.     

                              The hedge comprises put and call options (an      
                              option collar) and expires 22 July 2005.          
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
JOEL WOLPERT                                                                    
Company Secretary                                                               
Tel No : (011) 301-0213                                                         
Fax No : (011) 301-0481                                                         
E-mail jwolpert@ho.netcare.co.za                                                
Date: 29/07/2004 11:20:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department