ISB - Insimbi -Voluntary update of shareholding information

ISB - Insimbi -Voluntary update of shareholding information                     
Insimbi Refractory and Alloy Supplies Limited                                   
Formerly Insimbi Alloy Supplies (Proprietary) Limited                           
(Registration number 2002/029821/06)                                            
JSE share code: ISB                                                             
ISIN Number: ZAE000116828                                                       
("Insimbi" or "the company")                                                    
VOLUNTARY UPDATE OF SHAREHOLDING INFORMATION                                    
Shareholders are referred to the private placing and listing of Insimbi         
announcement of 11 March 2008("the announcement").                              
Paragraph 4 of the announcement detailed the interests of directors in the share
capital of Insimbi, as follows:                                                 
               Direct          Indirect       Percentage                        
               Beneficial      Beneficial                                       
F Botha         -               46 250 000     23.125                           
EP Liechti      -               46 250 000     23.125                           
CF.Botha        -               46 250 000     23.125                           
PJ Schutte      -               46 250 000     23.125                           
DJ O`Connor     -               15 000 000      7.500                           
TOTAL           -              200 000 000    100.000                           
As part of the private placing process, certain directors and their associates  
subscribed for additional new shares in Insimbi at the private placing price of 
80 cents per share, as follows:                                                 
Director                     Number          Value        Extent of             
                                Of                        Interest              
                          Ordinary                                              
                            Shares                                              
Associate of F Botha        250 000          R200 000      Indirect             
                                                        beneficial              
Associate of CF Botha       250 000          R200 000      Indirect             
                                                        beneficial              
L Tessendorf                187 500          R150 000        Direct             
                                                        beneficial              
Associate of EP Liechti     250 000          R200 000      Indirect             
                                                        beneficial              
Associate of PJ Schutte     300 000          R240 000      Indirect             
                                                        beneficial              
Associate of R Makkink      125 000          R100 000      Indirect             
(Director and Company                                    beneficial             
Secretary)                                                                      
Accordingly, the updated interests of directors are as follows:                 
                  Direct          Indirect      Percentage*                     
                  Beneficial      Beneficial                                    
F Botha            -               46 500 000     17.88                         
E.P Liechti        -               46 500 000     17.88                         
C.F.Botha          -               46 500 000     17.88                         
P.J Schutte        -               46 550 000     17.90                         
D.J O`Connor       -               15 000 000      5.77                         
L Tessendorf       187 500                  -      0.07                         
M Makkink(co sec   -                  125 000      0.05                         
and director)                                                                   
TOTAL              187 500        201 175 000     77,45                         
*Based on the current issued share capital of 260 000 000 ordinary shares.      
Johannesburg                                                                    
4 April 2008                                                                    
DESIGNATED ADVISOR                                                              
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Registration number 1970/003711/07                                              
Date: 04/04/2008 11:17:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.