Bell Equipment Limited - Dealings in securities

Bell Equipment Limited - Dealings in securities                                 
Bell Equipment Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/013656/06)                                            
Share code : BEL                                                                
ISIN code : ZAE 000028304                                                       
("Bell" or "the company")                                                       
DEALINGS IN SECURITIES                                                          
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Group Company Secretary            :    D. P. Mahony                            
Effective date of transaction      :    3 May 2005                              
Number of securities               :    14 500                                  
Class of securities                :    Ordinary                                
Exercise price                     :    R2,50                                   
Nature of transaction              :    Exercise of share options               
Interest in transaction            :    Direct beneficial                       
Clearance was obtained.                                                         
Date: 03/05/2005 11:41:46 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department