NETWORK HEALTHCARE HOLDINGS LIMITED - AWARDING OF SHARE OPTIONS TO A COMPANY

NETWORK HEALTHCARE HOLDINGS LIMITED - AWARDING OF SHARE OPTIONS TO A COMPANY    
                                      SECRETARY                                 
NETWORK HEALTHCARE HOLDINGS LIMITED                                             
(Co. Reg. No. 1996/004282/06)                                                   
Code : NTC                                                                      
ISIN number : ZAE000011953                                                      
AWARDING OF SHARE OPTIONS TO A COMPANY SECRETARY                                
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
Network Healthcare Holdings Limited Share Options allocated to the Company      
Secretary of Network Healthcare Holdings Limited as mentioned below:            
Name of Company Secretary:                   J Wolpert                          
Date of offer:                               10 August 2004                     
Date of acceptance of offer:                 10 August 2004                     
Option strike price (per share):             436 cents                          
Date of strike price determination:          close of business on 28 June 2004  
                                             as approved by Board of directors  
                                             on 29 June 2004                    
Quantity of share options awarded:           40 000                             
Nature of transaction:                       Offer and acceptance of Network    
                                             Healthcare Holdings Limited Share  
                                             Options                            
Vesting periods:                             20% of total allocation on         
1 June 2006                        

                                             20% of total allocation on         
                                             1 June 2007                        
                                             20% of total allocation on         
1 June 2008                        

                                             20% of total allocation on         
                                             1 June 2009                        
                                             20% of total allocation on         
1 June 2010                        

Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
12 August 2004                                                                  
Sandton                                                                         
JOEL WOLPERT                                                                    
Company Secretary                                                               
Tel No : (011) 301-0213                                                         
Fax No : (011) 301-0481                                                         
E-mail jwolpert@ho.netcare.co.za                                                
Date: 12/08/2004 12:09:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department