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Esor Limited - Cautionary Announcement

Release Date: 05/07/2006 14:25:04      Code(s): ESR
Esor Limited - Cautionary Announcement                                          
ESOR LIMITED                                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/000732/06)                                            
(JSE code: ESR & ISIN: ZAE000078408)                                            
("Esor" or "the company")                                                       
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Esor has entered into negotiations, which if      
successfully concluded may have a material effect on the price of the company"s 
securities.  Accordingly, shareholders are advised to exercise caution when     
dealing in the company"s securities until a full announcement is made.          
5 July 2006                                                                     
Johannesburg                                                                    
Designated Adviser                                                              
Exchange Sponsors                                                               
Warning: The listing of ordinary shares in the company is on ALTx.  Investors   
are advised of the risks of investing in a company listed on ALTx. Investors are
advised that the JSE does not guarantee the viability or the success of a       
company listed on ALTx.  In terms of the Listings Requirements, the company is  
obliged to appoint and retain a Designated Adviser, which is required to, inter 
alia, attend all board meetings held by the company to ensure that all the      
Listings Requirements and applicable regulations are complied with, approve the 
Financial Director of the company and guide the company in a competent,         
professional and impartial manner.  If the company fails to retain a Designated 
Adviser, it must make arrangements to appoint a new Designated Adviser within 10
business days, failing which the company faces suspension of trading of its     
securities.  If a Designated Adviser is not appointed within 30 days of its     
suspension, the company faces the termination of its listing without the        
prospect of an appropriate offer to minority shareholders.                      
Date: 05/07/2006 02:25:05 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
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