Labat- Modified And Qualified Audit Opinion On Annual Financial Statements

Labat- Modified And Qualified Audit Opinion On Annual Financial Statements      
MODIFIED AND QUALIFIED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS             
LABAT AFRICA LIMITED ("LABAT")                                                  
(ISIN: ZAE000018354 & ALPHA CODE: LAB)                                          
The JSE Limited ("the JSE") wishes to advise that the audit opinion on Labat    
annual financial statements for the year ended 28 February 2006 contains both an
emphasis of matter and a qualified audit opinion. Shareholders are advised to   
refer to the financial statements to ascertain the exact nature of the          
modification and qualification.                                                 
Accordingly, the company"s listing on the JSE SETS system has been annotated    
with an "E" to indicate the emphasis of matter.  The company"s listing has also 
been annotated with a "Q" to indicate the qualification. These annotations will 
be removed when the company"s auditors" report no longer contain a modified and 
a qualified audit opinion.                                                      
This announcement has been placed by the JSE in the interest of shareholders.   
11 September 2006                                                               
Date: 11/09/2006 12:55:46 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department