NAMPAK LIMITED - FURTHER CAUTIONARY

NAMPAK LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 68/08070/06)
("THE COMPANY")
FURTHER CAUTIONARY ANNOUNCEMENT

FURTHER TO THE CAUTIONARY ANNOUNCEMENT DATED 7 AUGUST 1998, SHAREHOLDERS ARE
ADVISED THAT THE COMPETITION BOARD GAVE NOTICE ON 21 AUGUST 1998 THAT IT WILL
UNDERTAKE AN INVESTIGATION INTO THE PROPOSED ACQUISITION OF CROWN CORK SA (PTY)
LTD BY THE COMPANY AND HAS CALLED FOR WRITTEN REPRESENTATIONS BY INTERESTED
PARTIES TO BE SUBMITTED TO IT WITHIN 30 DAYS OF THAT DATE.  THE COMPETITION
BOARD HAS TO PRESENT ITS FINDINGS TO THE MINISTER OF TRADE AND INDUSTRIES
WITHIN THREE MONTHS OF THE ABOVE DATE.

IN THE INTERIM THE COMPANY AND CROWN CORK & SEAL INC OF THE USA ARE PURSUING
THE AGREEMENT IN PRINCIPLE BETWEEN THEM WITH A VIEW TO FINALISING A BINDING
AGREEMENT, SUBJECT TO A SUSPENSIVE CONDITION RELATED TO COMPETITION BOARD
APPROVAL.

THE TRANSACTION, IF SUCCESSFULLY CONCLUDED AND APPROVED BY THE COMPETITION
BOARD, COULD HAVE AN EFFECT ON THE PRICE OF THE COMPANY'S SECURITIES.

ACCORDINGLY, SHAREHOLDERS ARE ADVISED TO CONTINUE EXERCISING CAUTION WHEN
DEALING IN THE COMPANY'S SECURITIES UNTIL A FULL ANNOUNCEMENT IS MADE.
SANDTON
28 AUGUST 1998