SEKUNJALO INVESTMENTS LIMITED - DEALING IN SECURITIES BY A DIRECTOR

SEKUNJALO INVESTMENTS LIMITED - DEALING IN SECURITIES BY A DIRECTOR             
Sekunjalo Investments Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Company registration no: 1996/006093/06)                                       
Share code: SKJ   ISIN: ZAE000017893                                            
("Sekunjalo")                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 to 3.74 of the JSE Securities Exchange South Africa
("JSE") Listings Requirements, the following information is disclosed:          
Executive director:           Dr MI Surve                                       
Company:                      Sekunjalo                                         
Date of transaction:          23 December 2004                                  
Number of shares:             1 446 500                                         
Price per share:              R0.75 per share                                   
Value of transaction:         R1 084 875                                        
Extent of interest:           Indirect beneficial                               
Share class:                  Unlisted "A" ordinary shares which are            
                              compulsorily convertible into "B" ordinary shares 
                              (listed on the JSE) in 2010                       
Nature of transaction:        Off-market acquisition                            
Clearance to deal obtained    Yes                                               
Executive director:           Dr MI Surve                                       
Company:                      Sekunjalo                                         
Date of transaction:          23 December 2004                                  
Number of shares:             500 000                                           
Price per share:              R0.75 per share                                   
Value of transaction:         R375 000                                          
Extent of interest:           Indirect beneficial                               
Share class:                  "B" ordinary shares (listed on the JSE)           
Nature of transaction:        Off-market acquisition                            
Clearance to deal obtained    Yes                                               
Johannesburg                                                                    
23 December 2004                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 23/12/2004 01:20:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department