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Fri 29 Aug 2003, 17:05 CAUTIONARY ANNOUNCEMENT
Sub Nigel - Cautionary Announcement                                             
SUB NIGEL GOLD MINING COMPANY LIMITED                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/006179/06)                                            
Share code: SBN  ISIN:  ZAE 000006391                                           
("Sub Nigel")                                                                   
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Sub Nigel is involved in negotiations to raise    
capital in order to exploit its mineral assets which, if successfully concluded,
may have an effect on the price at which Sub Nigel shares trade on the JSE      
Securities Exchange South Africa.                                               
Accordingly, shareholders are advised to exercise caution when dealing in their 
Sub Nigel shares until a further announcement is made.                          
Cape Town                                                                       
29 August 2003                                                                  
Corporate advisor and sponsor                                                   
SASFIN CORPORATE FINANCE                                                        
A division of Sasfin Bank Limited                                               
Date: 29/08/2003 05:00:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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