Petra Mining Limited - Cautionary announcement

Petra Mining Limited - Cautionary announcement                                  
Petra Mining Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1972/001062/06)                                            
Share Code: PET                                                                 
ISIN: ZAE 000010237                                                             
("PETMIN" or "the company")                                                     
Cautionary announcement                                                         
Shareholders are advised that the company has entered into negotiations,        
which, if successfully concluded may have a material effect on the price at     
which its securities trade on the JSE Securities Exchange, South Africa.        
Accordingly, shareholders are advised to exercise caution when dealing in       
the company`s securities until a further announcement is made.                  
Pretoria                                                                        
20 June 2002                                                                    
Corporate Advisor                       Sponsor                                 
RiverBank Corporate Finance Limited     BoE Securities (Pty) Limited            
Registration number: 28574              Registration No. 1995/012240/07         
Date: 19/06/2002 04:08:00 PM Produced by the SENS Department