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Mon 11 Aug 2008, 8:58 SER/SRN - Seardel Investment Corporation Limited - Updated trading statement and
SER
SER                                                                             
SER/SRN - Seardel Investment Corporation Limited - Updated trading statement and
cautionary announcement                                                         
SEARDEL INVESTMENT CORPORATION LIMITED                                          
Registration Number 1968/011249/06                                              
(Incorporated in the Republic of South Africa)                                  
Share Code: SER     ISIN:  ZAE 000029815                                        
Share Code: SRN     ISIN:  ZAE 000030144                                        
("Seardel" or "the company")                                                    
UPDATED TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                           
We refer to the trading statement and cautionary announcement dated 27 June 2008
in which shareholders were advised that Seardel had incurred substantial trading
losses in the 12 month period ending 30 June 2008 after providing for           
retrenchment and restructure costs.                                             
The company is still not in a position to give the specific guidance required by
the JSE Listings Requirement for a trading statement. Accordingly shareholders  
are advised to continue to exercise caution when trading in Seardel shares until
a further announcement is made.                                                 
11 August 2008                                                                  
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 11/08/2008 08:58:17 Produced by the JSE SENS Department.                  
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