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Thu 10 May 2007, 13:49 ACD - Alliance Data Corporation Limited - Further
ACD
 ACD                                                                             
ACD - Alliance Data Corporation Limited - Further cautionary announcement       
ALLIANCE DATA CORPORATION LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/013402/06)                                            
JSE Share code: ACD                                                             
ISIN: ZAE000065165                                                              
("ADC" or "The Company")                                                        
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 16 January 2007 and 07 March 2007,
shareholders are advised that ADC is still involved in negotiations, which if   
successfully concluded, may have an effect on the price at which ADC`s          
securities trade on the JSE Limited.  Shareholders are accordingly advised to   
continue exercising caution when dealing in the Company`s securities until a    
full announcement is made.                                                      
10 May 2007                                                                     
Johannesburg                                                                    
Designated Adviser                                                              
Exchange Sponsors                                                               
Date: 10/05/2007 13:49:01 Produced by the JSE SENS Department.
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