Murray & Roberts Holdings Limited - Cautionary Announcement

Murray & Roberts Holdings Limited - Cautionary Announcement                     
MURRAY & ROBERTS HOLDINGS LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/029826/06)                                            
Share code: MUR   ISIN: ZAE000008983                                            
("the Company")                                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders of the Company are advised that the Company has received an offer  
for its 44% shareholding in Unitrans Limited. Should the offer result in a sale,
it may have a material effect on the price at which the Company"s shares trade  
on the JSE Securities Exchange South Africa. Accordingly, shareholders are      
advised to exercise caution when dealing in the Company"s shares until a further
announcement is made.                                                           
Johannesburg                                                                    
20 August 2004                                                                  
Transactional advisor                                                           
   Investec Corporate Finance                                                   
   Investec Bank Limited                                                        
  (Registration number 1969/004763/06)                                          
Legal advisor                                                                   
   Bowman Gilfillan Attorneys                                                   
Sponsor                                                                         
   Merrill Lynch                                                                
Global Markets & Investment Banking Group                                    
   Merrill Lynch South Africa (Pty) Ltd                                         
   Registration number 1995/001805/07                                           
   Registered Sponsor and Member of the                                         
JSE Securities Exchange South Africa                                         
Date: 20/08/2004 04:30:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department