Cullinan - Cautionary Announcement

Cullinan - Cautionary Announcement                                              
Cullinan Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1902/001808/06)                                            
Share code CUL   ISIN ZAE000013710                                              
("Cullinan" or "the company")                                                   
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that the company has entered into negotiations, which  
if successfully concluded, may have a material effect on the price of the       
company"s shares.                                                               
Accordingly, shareholders are advised to exercise caution when dealing in their 
Cullinan shares until a further announcement is made.                           
10 February 2006                                                                
Johannesburg                                                                    
Sponsor                                                                         
LPC Manhattan Moela (Pty) Ltd                                                   
(Registration number 2001/009215/07)                                            
Date: 10/02/2006 09:08:10 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department