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Report by the Directorate of Market Abuse

14 June 2007 Financial Services Board

The DMA (Directorate of Market Abuse) held its 5th meeting at the FSB (Financial Services Board) on 13 June 2007.

Below is a list detailing the current status of insider trading and market manipulation investigations. It should be noted that insider trading and market manipulation investigations are not into the affairs of the companies listed but into trading in shares on the stock exchange.

Possible insider trading cases

Security

JSE Code

Period

Case status

1. AfriOre Limited

AFO

2006-11

Ongoing

2. Amalgamated Appliance Holdings Limited (3)

AMA

2007-04

Ongoing

3. Arch Equity Limited

ACH

2006-02

Ongoing

4. Blue Financial Services Limited

BFS

2006-10

2006-11

Ongoing

5. Brimstone Investment Corporation Limited

BRT

2004-11-29

2004-11-30

Closed

6. Cape Empowerment Trust Limited

CAE

2006-10

2006-11

Ongoing

7. Consol Limited

CSL

2006-11

2006-12

Ongoing

8. Gold Fields Limited

GFI

2007-03

2007-04

Ongoing

9. Italtile Limited

ITE

2006-06

2007-04

Ongoing

10. Moribo Leisure Limited

MRB

2005-08-29

2005-09-09

Legal action

11. Rainbow Chicken Limited

RBW

2007-03

Ongoing

12. Sallies Limited

SAL

2007-03

Ongoing

13. Sekunjalo Investments Limited

SKJ

2007-04

2007-05

Ongoing

14. Set Point Technology Holdings Limited (2)

STO (2)

2006-09

Ongoing

15. Spescom Limited

SPS

2005-01

Closed

16. Steinhoff International Holdings Limited

SHF

2004

Ongoing

17. Tiger Brands Limited

TBS

2007-04

Ongoing

18. Verimark Holdings Limited

VMK

2006-04

2006-07

Closed

19. York Timber Organisation Limited

YRK

2007-03

2007-04

Ongoing

Possible market manipulation cases

Security

JSE Code

Period

Case status

1. Newrand Index Warrant

NRD

2005-10-19

Legal action

Possible false or misleading reporting cases

In addition to the above, the DMA had five possible false or misleading reporting matters under investigation. The DMA finalised three of these investigations. One matter was closed, and two matters were referred for legal action. Two matters are still under investigation.

Mr R J G Barrow
Chairperson:Directorate of Market Abuse

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