RNS Number:0359S
Genbel South Africa Ld
4 October 2000

Ordinary Shares Listing Announcement

Genbel South Africa Limited ('Genbel')

Application is being made to the London Stock Exchange for the listing of
1,097,550 new ordinary shares of 10 South African cents, to the Official List.

These shares fall to be allotted to shareholders of Genbel who have elected to
receive a capitalisation award in lieu of a final cash dividend. The date of
issue of the new shares was 3 October 1999. The shares subject to this issue
will rank pari passu in all respects with the existing issued ordinary shares
from the date of the listing.

For further information contact:

UK Office of:

Genbel South Africa Limited

Project Consultants Limited

Walnut House

Walnut Gardens

Claydon

Banbury

Oxon OX17 1NA

01295 690180
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