TRANSPACO LIMITED - RENEWAL OF CAUTIONARY

TRANSPACO LIMITED - RENEWAL OF CAUTIONARY                                       
Transpaco Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1951/000799/06                                              
ISIN: ZAE000007480                                                              
JSE Share code:  TPC                                                            
("Transpaco" or "the company")                                                  
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcements dated 7 October 2004 and 22 November    
2004, shareholders are advised that the discussions entered into are still in   
progress, which, if successfully concluded, may have a material effect on the   
price at which the company"s securities trade on the JSE Securities Exchange    
South Africa.   Accordingly, shareholders of the company are advised to continue
to exercise caution when dealing in the company"s securities until a further    
announcement is made.                                                           
Johannesburg                                                                    
3 January 2005                                                                  
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 03/01/2005 10:52:46 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department