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Fri 31 Jan 2003, 17:25 Putco Limited - Further cautionary announcement
PUTCO LIMITED                                                                   
 (Incorporated in the Republic of South Africa)                                 
(Registration number 1945/018672/06)                                            
Share code: PTC   ISIN:  ZAE000005716                                           
("the company")                                                                 
Further cautionary announcement                                                 
Further to the cautionary announcements dated 16 August 2002, 30 September 2002,
11 November 2002 and 23 December 2002 respectively, shareholders are advised    
that negotiations are continuing which, if successfully concluded, may have a   
material effect on the price of the company`s securities.                       
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company`s securities until a full announcement is made.          
Johannesburg                                                                    
3 February 2003                                                                 
Sponsor                                                                         
Ernst & Young Sponsors (Pty) Ltd                                                
(Registration number 2000/031843/07)                                            
Date: 31/01/2003 05:16:00 PM Produced by the JSE SENS Department                


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