ERM/SBL - ERM/ SABLE - Further Cautionary Announcement

ERM/SBL - ERM/ SABLE - Further Cautionary Announcement                          
Enterprise Risk Management Limited                                              
Incorporated in the Republic of South Africa                                    
(Registration number: 1995/001603/06)                                           
Share code: ERM & ISIN: ZAE000037701                                            
("ERM")                                                                         
Sable Holdings Limited                                                          
Incorporated in the Republic of South Africa                                    
(Registration number 1968/010636/06)                                            
Share code: SBL & ISIN: ZAE000006383                                            
("SABLE")                                                                       
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 25 January 2007 and 16 February   
2007, shareholders are advised that the discussions referred therein are        
continuing.                                                                     
As these discussions may have an effect on the price of both ERM and SABLE      
shares, shareholders are advised to continue to exercise caution when dealing in
the respective companies` securities until a further announcement is made.      
30 March 2007                                                                   
Johannesburg                                                                    
Corporate advisor and sponsor to ERM and Sable                                  
SASFIN CAPITAL                                                                  
A DIVISION OF SASFIN BANK LIMITED                                               
Date: 30/03/2007 14:22:51 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.