SEKUNJALO FURTHER CAUTIONARY ANNOUNCEMENT

SEKUNJALO INVESTMENTS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 96/06093/06)
("SEKUNJALO")
FURTHER CAUTIONARY ANNOUNCEMENT

FURTHER TO THE CAUTIONARY ANNOUNCEMENT PUBLISHED ON 27 JULY 1999, STANDARD
CORPORATE AND MERCHANT BANK IS AUTHORISED TO ANNOUNCE, THAT THE NEGOTIATIONS
REFERRED TO THEREIN HAVE REACHED AN ADVANCED STAGE AND ARE EXPECTED TO BE
FINALISED SHORTLY.

THE SUBJECT MATTER OF THE NEGOTIATIONS COMPRISES AN INVESTMENT BY SEKUNJALO IN
A FINANCIAL SERVICES COMPANY WITH A NICHE MARKET FOCUS ON SECURITISATION AND
WHICH, IF SUCCESSFULLY CONCLUDED, MAY HAVE AN EFFECT ON THE PRICE AT WHICH THE
SEKUNJALO SHARES TRADE ON THE JOHANNESBURG STOCK EXCHANGE.

ACCORDINGLY, SEKUNJALO SHAREHOLDERS ARE ADVISED TO CONTINUE EXERCISING CAUTION
WHEN DEALING IN THEIR SEKUNJALO SHARES, UNTIL SUCH TIME AS A FURTHER
ANNOUNCEMENT IS MADE.
CAPE TOWN
26 AUGUST 1999
MERCHANT BANK
SCMB
STANDARD CORPORATE AND MERCHANT BANK

(A DIVISION OF THE STANDARD BANK OF SOUTH AFRICA LIMITED)
(REGISTRATION NUMBER 62/00738/06)
JOINT SPONSORING BROKERS
LEGAE SECURITIES (PTY) LIMITED
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
REGISTRATION NUMBER 96/09555/07
STANDARD EQUITIES (PTY) LIMITED
(REGISTRATION NUMBER 72/08305/07)
(MEMBER OF THE JOHANNESBURG STOCK EXCHANGE)