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Anbeeco - Renewal Of Cautionary Announcement                                    
ANBEECO INVESTMENT HOLDINGS LIMITED                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/002788/06)                                            
Share code:  AEC        ISIN:  ZAE000000162                                     
(`Anbeeco`)                                                                     
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the announcement dated 11 November 2004, shareholders are advised    
that negotiations are still in progress, which if successfully concluded, may   
have a material effect on the price of Anbeeco`s securities, and, accordingly,  
shareholders are advised to continue exercising caution in their dealings in    
Anbeeco shares pending a further announcement.                                  
Johannesburg                                                                    
20 January 2005                                                                 
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 20/01/2005 02:24:05 PM       
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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