ILA - Iliad Limited - Cautionary Announcement

ILA - Iliad Limited - Cautionary Announcement                                   
Iliad Limited                                                                   
Incorporated in the Republic of South Africa                                    
(Registration number 1997/011938/06)                                            
Share Code: ILA   ISIN: ZAE000015038                                            
("Iliad" or "the Company")                                                      
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Iliad is in the process of realigning a portion of
its portfolio and the once-off costs associated therewith will have a           
significant adverse impact on the interim results of the company, and these may 
have an effect on the price at which Iliad`s shares trade. Accordingly,         
shareholders are advised to exercise caution when dealing in the company`s      
shares until a detailed trading update is made prior to the release of the      
interim results.                                                                
Johannesburg                                                                    
12 July 2011                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 12/07/2011 12:09:01 Supplied by www.sharenet.co.za                     
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