MTL - Mercantile - Cautionary Announcement

MTL - Mercantile - Cautionary Announcement                                      
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/000164/06)                                            
Share code: MTL ISIN: ZAE000064721                                              
("Mercantile" or "the company")                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Mercantile shareholders are advised that the company has entered into           
negotiations regarding an acquisition by Mercantile which, if successfully      
concluded, may have an effect on the price at which the shares of Mercantile    
trade. Accordingly, shareholders are advised to exercise caution when dealing in
their Mercantile shares until a detailed announcement is made.                  
Johannesburg                                                                    
18 April 2011                                                                   
Sponsor to Mercantile: Bridge Capital Advisors (Proprietary) Limited            
Date: 18/04/2011 09:51:01 Supplied by www.sharenet.co.za                     
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