Nampak Limited - DIRECTORS" DEALINGS IN SECURITIES - GRANT OF SHARE OPTIONS

Nampak Limited - DIRECTORS" DEALINGS IN SECURITIES - GRANT OF SHARE OPTIONS     
This announcement replaces the one released earlier today                       
NAMPAK LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/008070/06)                                            
("Nampak")                                                                      
ISIN : ZAE000004933                                                             
Share code : NPK                                                                
DIRECTORS" DEALINGS IN SECURITIES - GRANT OF SHARE OPTIONS                      
In accordance with Rule 3.63 to 3.74 of the JSE Listings Requirements, notice is
hereby given that the under mentioned executive directors, directors of major   
subsidiary companies and the company secretary have been granted options to     
purchase that number of ordinary shares of 5 cents each in the capital of Nampak
Limited set out below against their respective names in accordance with the     
provisions of the Nampak 1985 Share Option Scheme:                              
Name Of Executive Director         :    Number Of Share Options                 
RP Becker                          :    195 000                                 
GE Bortolan                             190 000                                 
N Cumming                               100 000                                 
AS Lang                                 40 000                                  
Company Secretary:                                                              
NP O"Brien                              50 000                                  
Directors Of Major Subsidiaries:                                                
ADS Morais                              15 000                                  
Director Of Nampak Products Ltd                                                 
RJ Douglas                              45 000                                  
Director Of Nampak Metal Packaging Ltd                                          
Date Options Granted:                   1 December 2004                         
Strike Price   :                        1 495 Cents Per Share                   
Extent Of Interests :                   Beneficial                              
Vesting Period :                        A Maximum Of 1/3 Of The Share Options   
May Be Exercised After Three Years From 

                                        The Date Of Grant Of The Option, 2/3    
                                        After Four Years And The Balance After  
                                        Five Years.  The Options Will Expire    
After Ten Years From The Date Of Grant  

                                        If Not Exercised.                       
8 December 2004                                                                 
Sponsor                                                                         
UBS Securities SA                                                               
Date: 08/12/2004 01:38:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department