NAMPAK LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT

NAMPAK LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                  
Nampak Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/008070/06)                                            
JSE Share code: NPK                                                             
ISIN: ZAE000004933                                                              
("Nampak" or "the Company")                                                     
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
In terms of the Listings Requirements of the JSE Securities Exchange South      
Africa ("JSE Listings Requirements"), companies are required to publish a       
trading statement as soon as they become aware that the financial results for   
the period to be reported upon next will be materially different from that of   
the previous corresponding period.                                              
Nampak is currently finalising its results for the 6 month period ended 31 March
2004, which are expected to be released on 21 May 2004.                         
Nampak advises that, in terms of the JSE Listing Requirements, it is not        
required to issue a trading statement in respect of headline earnings for the 6 
month period ended 31 March 2004 as it expects this result to be within 10% of  
the headline earnings for the 6 month period ended 31 March 2003. However,      
having realised a capital profit of approximately R200m on the sale of Nampak"s 
shareholding in NamITech, attributable earnings for the 6 month period ended    
31 March 2004 will be substantially above attributable earnings for the 6 month 
period ended 31 March 2003. In terms of the JSE Listings Requirements,          
"substantially" is defined as an increase or decrease of more than 30%.         
CAUTIONARY ANNOUNCEMENT                                                         
The above information has not been reviewed or reported on by the Company"s     
auditors. Shareholders are therefore advised to exercise caution when dealing in
the Company"s securities until the publication of the Company"s results for the 
6 months ended 31 March 2004.                                                   
Sandton                                                                         
19 April 2004                                                                   
Lead sponsor:                                                                   
UBS                                                                             
Co-sponsor:                                                                     
Cazenove                                                                        
Date: 19/04/2004 05:15:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department