REVISED LAST DAY TO REGISTER - YORK

THE YORK TIMBER ORGANISATION LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 01/04890/06)
("YORKOR" OR "THE COMPANY")

REVISED LAST DAY TO REGISTER ("THE RECORD DATE") OF THE YORKCOR 1997 AWARD OF
BONUS SHARES AND THE ELECTION TO RECEIVE THE FINAL CASH DIVIDEND

SHAREHOLDERS WERE INFORMED IN THE ANNUAL REPORT OF THE COMPANY, DATED 6
FEBRUARY 1998, THAT THE RECORD DATE FOR THE BONUS SHARE AWARD WAS FRIDAY, 20
MARCH 1998. SHAREHOLDERS ARE HEREBY ADVISED THAT THE RECORD DATE IS NOW
THURSDAY, 9 APRIL 1998 AND NOT FRIDAY, 20 MARCH 1998.

SHAREHOLDERS WHO ARE REGISTERED ON THE RECORD DATE WILL RECEIVE 5,5 NEW FULLY
PAID SHARES ("BONUS SHARES") OF FIVE CENTS EACH FOR EVERY 100 SHARES HELD ("THE
BONUS AWARD") BY WAY OF A CAPITALISATION OF DISTRIBUTABLE RESERVES, PROVIDED
THAT SUCH SHAREHOLDERS ARE ENTITLED TO DECLINE THE BONUS AWARD IN RESPECT OF
ALL OR PART OF THEIR SHAREHOLDING AND INSTEAD MAY ELECT TO RECEIVE A FINAL CASH
DIVIDEND OF 15 CENTS PER SHARE ("THE ELECTION") PAYABLE ON WEDNESDAY, 13 MAY
1998 IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 1997.

WHERE AN ENTITLEMENT TO BONUS SHARES RESULTS IN A FRACTIONAL ENTITLEMENT, THE
YORKCOR SHARE INCENTIVE TRUST WILL MAKE A CASH PAYMENT IN LIEU OF SUCH AN
ENTITLEMENT, BASED ON 273 CENTS PER BONUS SHARE.

THE NUMBER OF YORKCOR BONUS SHARES TO WHICH SHAREHOLDERS ARE ENTITLED WILL BE
CALCULATED ON THE FOLLOWING BASIS:

YORKCOR BONUS SHARE ENTITLEMENT = NUMBER OF SHARES HELD AT THE RECORD DATE X
5,5/100.

THE BONUS SHARES WILL BE LISTED ON THE JOHANNESBURG STOCK EXCHANGE WITH EFFECT
FROM THE COMMENCEMENT OF TRADING ON WEDNESDAY, 13 MAY 1998. THE SHARE

CERTIFICATES IN RESPECT OF THE BONUS SHARES AND CHEQUES IN RESPECT OF

FRACTIONAL ENTITLEMENTS AND/OR THE CASH DIVIDEND WILL BE POSTED TO

SHAREHOLDERS` REGISTERED ADDRESSES ON OR ABOUT WEDNESDAY, 13 MAY 1998.
PRETORIA
26 MARCH 1998
SPONSORING BROKER
SMK SECURITIES
TRANSFER SECRETARIES
CONSOLIDATED SHARE REGISTRARS