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SIC
 SIC                                                                             
SIC - SAFIC Holdings - Cautionary Announcement                                  
SAFIC Holdings Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2004/029691/06)                                            
(JSE Share code: SIC   ISIN: ZAE000088068)                                      
("SAFIC Holdings" or "the company")                                             
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that SAFIC 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.          
14 June 2007                                                                    
Johannesburg                                                                    
Designated Adviser                                                              
Exchange Sponsors                                                               
Date: 14/06/2007 15:01:33 Produced by the JSE SENS Department.

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