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Wed 6 Nov 2002, 15:29 Enterprise Risk Management Limited - Further Cauti
Enterprise Risk Management Limited - Further Cautionary Announcement            
Enterprise Risk Management Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1995/001603/06)                                           
(JSE Code: ERM & ISIN Code: ZAE000037701)                                       
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 11 September 2002, the Board of    
Directors of the Company continues to consider various corporate actions,       
including the disposal of the underlying business to third parties who may be   
able to maximise the value of such business.  Accordingly, shareholders are     
advised to continue exercising caution when dealing in the Company`s securities 
until a further announcement is made.                                           
Johannesburg                                                                    
6 November 2002                                                                 
SPONSOR                                                                         
EXCHANGE SPONSORS (PTY) LIMITED                                                 
(Registration number: 1999/024433/07)                                           
Date: 06/11/2002 03:25:00 PM Produced by the JSE SENS Department                

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