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Brimstone Investment Corporation Limited - Further Cautionary Announcement      
Brimstone Investment Corporation Limited                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/010442/06)                                            
("the Company")                                                                 
(ISIN Number : ZAE000015277  Share Code : BRT)                                  
(ISIN Number : ZAE000015285  Share Code : BRN)                                  
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 12 September 2003, shareholders are
advised that negotiations are still in progress, 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 further announcement is made.       
Johannesburg                                                                    
24 October 2003                                                                 
Investment Bank and Sponsor                                                     
Nedbank Corporate                                                               

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