SQUARE ONE SOLUTIONS GROUP LIMITED / LABAT AFRICA LIMITED - JOINT CAUTIONARY

SQUARE ONE SOLUTIONS GROUP LIMITED / LABAT AFRICA LIMITED - JOINT CAUTIONARY    
ANNOUNCEMENT                                                                    
SQUARE ONE SOLUTIONS GROUP LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/026822/06)                                            
("Square One")                                                                  
Share Code: SQE                                                                 
ISIN Code: ZAE0000023768                                                        
LABAT AFRICA LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/001616/06)                                            
Share code: LAB                                                                 
ISIN: ZAE000018354                                                              
("Labat")                                                                       
JOINT CAUTIONARY ANNOUNCEMENT                                                   
Shareholders of Square One and Labat are advised that the companies have entered
into discussions, which may have an effect on the prices at which the Square One
and Labat shares trade on the JSE Securities Exchange South Africa.             
Until such time as a detailed announcement is published, Square One and Labat   
shareholders are advised to exercise caution when dealing in these companies"   
shares.                                                                         
Johannesburg                                                                    
3 September 2003                                                                
Sponsor to Square One                                                           
Bridge Capital Services (Pty) Limited                                           
Sponsor to Labat                                                                
Brait Sponsors (Pty) Limited                                                    
Date: 03/09/2003 05:16:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department