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Mon 12 May 2003, 17:07 Profit Warning
Sovereign -                                            
SOVEREIGN FOOD INVESTMENTS LIMITED                                              
Code: SOVFOOD                                                                   
Incorporated in the Republic of South Africa                                    
Registration number 1995/003990/06                                              
Share code: SOV                                                                 
ISIN number: ZAE000009221                                                       
("Sovereign" or "the company")                                                  
PROFIT WARNING                                                                  
Further to the announcement of Sovereign"s unaudited interim results for the six
months ended 31 August 2002, shareholders are advised that Sovereign will report
profits lower than expected for the full financial year ended 28 February 2003, 
being lower than the profits reported for the previous financial year.          
Accordingly, shareholders are advised to exercise caution when dealing in the   
company"s securities until a full announcement is made.                         
Sponsor                                                                         
Merchant Sponsors (Pty) Limited                                                 
Date: 12/05/2003 04:51:54 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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