DAW - DAWN - Directors` Dealings in securities

DAW - 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:      LM Alberts                                               
Date of transaction:   05 January 2007                                          
Nature of transaction: Taking up of shares in terms of share incentive scheme   
Average price:         30 cents                                                 
Number of shares:      2 000 000                                                
Class of security:     Ordinary shares                                          
Nature of interest:    Direct, Beneficial                                       
Chairman`s approval:   Yes                                                      
05 January 2007                                                                 
Johannesburg                                                                    
Sponsor:  Deloitte & Touche Sponsor Services (Pty) Limited                      
(Registration number 1996/000034/07)                                            
Date: 05/01/2007 14:51:27 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.