SPUR STEAK
RANCHES LIMITED
(REGISTRATION NUMBER 86/00810/06)
("SPUR")
SPUR HOLDINGS
LIMITED
(REGISTRATION NUMBER 85/03350/06)
("SPURHOLD")
FURTHER CAUTIONARY ANNOUNCEMENT
FURTHER TO THE CAUTIONARY ANNOUNCEMENT DATED 27 JANUARY 1999, SHAREHOLDERS ARE
ADVISED THAT NEGOTIATIONS ARE STILL IN PROGRESS WHICH, IF SUCCESSFULLY
CONCLUDED, MAY HAVE AN EFFECT ON THE PRICE OF SPUR AND SPURHOLD SHARES.
SHAREHOLDERS ARE ACCORDINGLY ADVISED TO EXERCISE CAUTION WHEN DEALING IN THEIR
SHARES UNTIL A FURTHER ANNOUNCEMENT IS MADE.
STELLENBOSCH
1 MARCH 1999