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Mon 5 Jun 2006, 15:47 Sabvest - Modification to the audited results at 3
SBV   SVN
 SBV                                                                             
Sabvest - Modification to the audited results at 31 December 2005 and notice of 
          annual general meeting                                                
SABVEST LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1987/003753/06)                                           
Ordinary shares:   Share code: SBV ISIN: ZAE000006417                           
N Ordinary shares: Share code: SVN ISIN: ZAE000012043                           
("Sabvest" or "the Company")                                                    
MODIFICATION TO THE AUDITED RESULTS AT 31 DECEMBER 2005 AND NOTICE OF ANNUAL    
GENERAL MEETING                                                                 
CHANGE TO NET ASSET VALUE AT 31 DECEMBER 2005                                   
Sabvest published reviewed results for the year ended 31 December 2005 on SENS  
on 30 March 2006. Sabvest has now received the final IFRS compliant financial   
statements of its unlisted associates as a result of which the following non-   
material modifications have been made in the finalisation of the audited results
of Sabvest for the year ended 31 December 2005:                                 
                                     Audited Annual        Reviewed Results     
                                     Financial Statements  Published on SENS    
                                     R"000                 R"000                
Ordinary shareholders equity         180 933               178 259              
Investment holdings                  151 204               148 530              
Net asset value per share - cents    391                   385                  
Sabvest"s annual financial statements have been distributed to shareholders     
today, Monday 5 June 2006.                                                      
NOTICE OF THE ANNUAL GENERAL MEETING                                            
Notice is hereby given that the annual general meeting of shareholders of       
Sabvest will be held in the Board Room at Ground Floor, Commerce Square,        
Building 4, 39 Rivonia Road, Sandhurst, Sandton at 10h00 on Wednesday, 28 June  
2006 to transact the business as stated in the annual general meeting notice    
forming part of the annual financial statements.                                
5 June 2006                                                                     
Sandton                                                                         
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 05/06/2006 03:47:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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