Murray & Roberts Holdings Limited - Dealing in Securities by director

Murray & Roberts Holdings Limited - Dealing in Securities by director           
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 by a director of Murray & Roberts Limited ("MRL"), being a
major subsidiary of MRH, as defined in terms of the Listing Requirements        
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa, the following details are disclosed:      
Name of Executive Director       Mr R W Rees                                    
Name of Company                  Murray & Roberts Holdings Limited              
Date of transaction              7th October 2004                               
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 200 000 at                
                                 R4,60                                          
Price at which shares were sold  R12,09 per share                               
Number of shares taken up        300 000                                        
Total value of securities        R 3 627 000                                    
Nature of Interest               Beneficial (directly)                          
Clearance                        Clearance from Group Chief                     
Executive (designated officer) was             

                                 given on 7 October 2004.                       
Remaining shares held            1,180,000 share options and 193 225            
                                 shares                                         
Johannesburg                                                                    
8 October 2004                                                                  
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 08/10/2004 05:24:29 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department