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Thu 11 Dec 2003, 16:01 Trading update and cautionary announcement
Buildmax Limited - Trading update and cautionary announcement                   
  BUILDMAX LIMITED                                                                
  (INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)                                  
  (REGISTRATION NUMBER 1995/012209/06)                                            
  SHARE CODE: BDM     ISIN: ZAE000011250                                          
  ("THE GROUP")                                                                   
  Trading update and cautionary announcement                                      
  Shareholders are advised that the Group"s earnings for the six months ending 30 
  September 2003 will be substantially lower ("substantially" being a decrease of 
  equal to or greater than 30% as defined in the JSE Securities Exchange South    
  Africa Listings Requirements) when compared to the previous period.             
  The results have not been reviewed by the Group"s auditors. Shareholders are    
  accordingly advised to exercise caution when dealing in their Buildmax          
  securities until the interim results are published.                             
  Johannesburg                                                                    
  11 December 2003                                                                
  SPONSOR                                                                         
  Sasfin Corporate Finance                                                        
  A division of Sasfin Bank Limited                                               
  Date: 11/12/2003 03:56:02 PM Produced by the JSE SENS Department
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