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BASIL READ HOLDINGS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                   
  BASIL READ HOLDINGS LIMITED                                                     
  Incorporated in the Republic of South Africa                                    
  Registration number 1984/007758/07                                              
  Share code:    BSR                                                              
  ISIN:          ZAE 000029781                                                    
  ("The company")                                                                 
  FURTHER CAUTIONARY ANNOUNCEMENT                                                 
  Further to the cautionary announcement dated 30 July 2003, shareholders are     
  advised that negotiations are still in progress, which, if successfully         
  concluded, may have a material effect on the price at which the company"s shares
  trade on the JSE Securities Exchange South Africa.  Accordingly, shareholders   
  are advised to continue exercising caution when dealing in the company"s shares 
  until a further announcement is made.                                           
  Johannesburg                                                                    
  10 September 2003                                                               
  Sponsor                                                                         
  Bridge Capital Services (Pty) Limited                                           
  Date: 11/09/2003 07:00:11 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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