MURRAY & ROBERTS HOLDINGS LIMITED - DISPOSAL OF INTEREST IN UNITRANS

MURRAY & ROBERTS HOLDINGS LIMITED - DISPOSAL OF INTEREST IN UNITRANS            
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1948/029826/06                                              
JSE Code:  MUR      ISIN Code:  ZAE000008983                                    
("Murray & Roberts" or "the company")                                           
DISPOSAL OF INTEREST IN UNITRANS                                                
Shareholders are referred to the circular posted to shareholders on 8 December  
2004 which outlined details of the salient terms of the disposal by the company 
of its 44%-interest held in Unitrans Limited ("Unitrans") to Steinhoff          
International Holdings Limited ("Steinhoff") for a total consideration (cum     
dividend) of R934 799 698, hereafter referred to as the transaction. At the time
of posting the circular, the only outstanding condition precedent was approval  
by the Competitions Authorities.                                                
Shareholders are advised that unconditional approval for the transaction from   
the Competition Tribunal was obtained on Wednesday 12 January 2005. The         
transaction was settled today, Tuesday 18 January 2005 where Murray & Roberts   
received from Steinhoff, an amount of R900 583 018, which was the consideration 
less the dividend of R34 216 680 which was paid to the company on 4 October     
2004.                                                                           
Johannesburg                                                                    
18 January 2005                                                                 
Transaction advisor and lead transactional sponsor                              
Investec                                                                        
Legal advisor                                                                   
Bowman Gilfillan                                                                
Independent reporting accountants                                               
Deloitte & Touche                                                               
Sponsor                                                                         
Merrill Lynch                                                                   
Date: 18/01/2005 03:11:51 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department