Transpaco - Renewal of existing cautionary announcement and further cautionary

Transpaco - Renewal of existing cautionary announcement and further cautionary  
TRANSPACO LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1951/000799/06)                                            
Share code: TPC         ISIN: ZAE000007480                                      
("Transpaco")                                                                   
RENEWAL OF EXISTING CAUTIONARY ANNOUNCEMENT AND FURTHER CAUTIONARY ANNOUNCEMENT 
The cautionary announcement published on 7 October 2004 and the renewals of that
cautionary announcement relating to various proposals in relation to Transpaco"s
affairs including black economic empowerment, refers.  The discussions relating 
to these proposals have reached an advanced stage.                              
In addition to those proposals, Transpaco has also reached an advanced stage of 
negotiation in regard to a potential acquisition.                               
Successful conclusion of either or both of the proposals and the acquisition may
have a material effect on the price of Transpaco shares.  Accordingly Transpaco 
shareholders are advised to continue to exercise caution when dealing in        
Transpaco shares.  Further announcements will be made as soon as possible.      
Johannesburg                                                                    
15 February 2005                                                                
Sponsor                                                                         
Investec Bank Limited                                                           
(Registration number 1969/004763/06)                                            
Legal Advisor                                                                   
Werksmans Incorporated                                                          
(Registration number 1990/005857/21)                                            
Date: 15/02/2005 03:40:08 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department