Murray & Roberts Holdings Limited - Revised timing relating to the firm

Murray & Roberts Holdings Limited - Revised timing relating to the firm         
intention to make an offer for the entire issued share capital of Concor Limited
("Concor")                                                                      
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/029826/06)                                            
Share code: MUR                                                                 
ISIN: ZAE00008983                                                               
("Murray & Roberts" or "the Group")                                             
Revised timing relating to the firm intention to make an offer for the entire   
issued share capital of Concor Limited ("Concor")                               
1. Introduction                                                                 
Shareholders are referred to the announcement published on SENS on 26           
April 2005, in which it was announced that the Group, through its subsidiary,   
Murray & Roberts Limited, had submitted a written notice to the board of        
directors of Concor of its firm intention to make an offer to acquire, the      
entire issued share capital of Concor, subject to certain conditions precedent  
including, inter alia, a due diligence investigation.                           
Murray & Roberts and the independent committee of the board of directors of     
Concor ("the independent committee") have been in negotiations regarding the    
terms and conditions on which the independent committee would allow a due       
diligence investigation to be conducted. These terms and conditions have now    
been agreed and the due diligence investigation has commenced.                  
2.   Dispensation from Securities Regulation Panel ("SRP")                      
As a result of the negotiations referred to in 1 above, the posting of the offer
document to Concor shareholders could not be effected within the 30-day period  
as required in terms of Rule 27.1 of the Securities Regulation Code on Takeovers
and Mergers ("the Code"). Accordingly, an application was made to the SRP in    
terms of Rule 34 of the Code for an extension of time should Murray & Roberts   
make an offer to Concor shareholders pursuant to a satisfactory due diligence   
investigation.                                                                  
The request for an extension of time was agreed to by the independent committee 
and Hochtief AG (the holder of 49.99% of the ordinary shares in Concor).        
Accordingly, the SRP, in terms of Rule 34 of the Code, excused Murray & Roberts 
from strict compliance with Rule 27.1 of the Code subject to, inter alia, the   
following:                                                                      
- should Murray & Roberts proceed with making an offer to Concor shareholders,  
the offer document should be posted on or before 25 July 2005; and              
- should the Competition Authorities approve the proposed acquisition before    
25 July 2005, interest, at the prescribed rate in terms of the Prescribed Rate  
of Interest Act,  55 of 1975, will be payable on the offer price from date of   
such approval until the date of posting of the offer document to Concor         
shareholders .                                                                  
A copy of the ruling of the SRP in this regard will be available for inspection 
during normal business hours at the registered office of Murray & Roberts from  
the date of this announcement.                                                  
Further details will be communicated to shareholders in due course.             
Johannesburg                                                                    
10 June 2005                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 10/06/2005 04:00:30 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department