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ESR - Esor Limited - Director dealing in securities - Zero cost collar

Release Date: 08/06/2007 12:30:26      Code(s): ESR
    ESR - Esor Limited - Director dealing in securities - Zero cost collar      
                                                                                
    Esor Limited                                                                
(Incorporated in the Republic of South Africa)                              
    (Registration number 1994/000732/06)                                        
    (JSE code: ESR    ISIN: ZAE000078408)                                       
    ("Esor" or "the company")                                                   

    DIRECTOR DEALING IN SECURITIES - ZERO COST COLLAR                           
                                                                                
    In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings              
Requirements, the following information relating to a transaction on the    
    open market of ordinary shares by a director of Esor`s major subsidiary,    
    Franki Africa (Pty) Limited ("Franki") is disclosed, as follows:            
    Name of director:                                 G P Byrne                 
Trading date:                                     6 June 2007               
    Nature of transaction / option structure:         Collar                    
    Expiry date:                                      8 June 2009               
    Spot Reference Price:                             555 cents per share       
Call Strike Price:                                732 cents per share       
    Number of shares:                                 750 000                   
    Total amount:                                     R4 162 500.00             
    Class of security:                                Ordinary Shares           
Nature of interest:                               Indirect Beneficial       
    Clearance obtained:                               Yes                       
                                                                                
    8 June 2007                                                                 
Johannesburg                                                                
                                                                                
    Designated Adviser                                                          
    Exchange Sponsors (Pty) Ltd                                                 
Date: 08/06/2007 12:30:26 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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