DAWN - Directors" dealings in securities

DAWN - Directors" dealings in securities                                        
Distribution and Warehousing Network Limited                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/008265/06)                                            
Share code: DAW   ISIN code: ZAE000018834                                       
("DAWN")                                                                        
Directors" dealings in securities                                               
In compliance with rule of 3.63 to 3.74 of the JSE Listing Requirements, the    
following should be noted:                                                      
Name of director:        DA Tod                                                 
Date of transaction:     26 May 2005                                            
Nature of transaction:   Sold                                                   
Average price:           570 cents                                              
Number of shares:        425 000                                                
Class of security:       Ordinary shares                                        
Nature of interest:      Indirect, Non-beneficial                               
Chairman"s approval:     Yes                                                    
31 May 20054                                                                    
Date: 31/05/2005 08:00:44 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department