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Mon 12 May 2008, 15:49 BSR - Basil Read - Cautionary Announcement
BSR
 BSR                                                                             
BSR - Basil Read - Cautionary Announcement                                      
Basil Read Holdings Limited                                                     
Incorporated in the Republic of South Africa                                    
Registration number 1984/007758/06                                              
Share code: BSR & ISIN: ZAE000029781                                            
("Basil Read" or "the company")                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Basil Read (Pty) Ltd, a wholly owned              
subsidiary of Basil Read Holdings Ltd, has entered into negotiations with       
Roadcrete Africa (Pty) Ltd for the purchase thereof, which if successfully      
concluded may have a material effect on the price of the company`s              
securities.                                                                     
Roadcrete Africa (Pty) Ltd is a specialised road building and civils company    
that have been in the industry since 1987. The acquisition, if successfully     
concluded, will compliment Basil Read`s roads and civils divisions.             
Accordingly, shareholders are advised to exercise caution when dealing in       
the company`s securities until a full announcement is made.                     
Johannesburg                                                                    
12 May 2008                                                                     
Sponsor                                                                         
Sasfin Capital                                                                  
Date: 12/05/2008 15:49:01 Produced by the JSE SENS Department.                  
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