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Wed 6 Jun 2007, 14:57 SFA - Shops for Africa Limited - Cautionary Announ
SFA
 SFA                                                                             
SFA - Shops for Africa Limited - Cautionary Announcement                        
Shops for Africa Limited                                                        
Incorporated in the Republic of South Africa                                    
Registration number 2000/018084/06                                              
Share code: SFA & ISIN: ZAE000031241                                            
("Shops for Africa" or "the company")                                           
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are referred to the interim results announcement dated 3 May 2007  
in which they were informed that "the directors of the company are actively     
engaged in determining a course of action which will provide the best long-term 
outcome for shareholders".                                                      
In this regard, shareholders are advised that the company is involved in        
discussions for the acquisition of a number of properties with a view to, inter 
alia, lifting the company`s suspension on the JSE Limited ("the JSE").  If the  
discussions are successfully concluded they may have a material effect on the   
price at which Shops for Africa`s shares trade on the JSE.  Accordingly,        
shareholders are advised to exercise caution when dealing in their Shops for    
Africa shares until a further announcement is made.                             
6 June 2007                                                                     
Johannesburg                                                                    
Sponsor and Corporate Advisor: Bridge Capital Advisors (Pty) Limited            
Date: 06/06/2007 14:57:00 Produced by the JSE SENS Department.
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