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Mon 19 Jan 2004, 8:30 FURTHER JOINT CAUTIONARY ANNOUNCEMENT
Square One Solutions Group Limited - Further Joint Cautionary Announcement      
Square One Solutions Group Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/026822/06)                                            
Share code:  SQE               ISIN:  ZAE0000023768                             
("Square One")                                                                  
Labat Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/001616/06)                                            
Share code: LAB ISIN: ZAE000018354                                              
("Labat")                                                                       
FURTHER JOINT CAUTIONARY ANNOUNCEMENT                                           
Further to the joint cautionary announcement dated 5 December 2003, shareholders
of Square One and Labat are advised that the companies are still in discussion, 
which may have an effect on the prices at which the Square One and Labat shares 
trade on the JSE Securities Exchange South Africa.                              
Until such time as a detailed announcement is published, Square One and Labat   
shareholders are advised to continue exercising caution when dealing in these   
companies" shares.                                                              
Johannesburg                                                                    
19 January 2004                                                                 
Sponsor to Square One                                                           
Bridge Capital Services (Pty) Limited                                           
Sponsor to Labat                                                                
Brait Sponsors (Pty) Limited                                                    
Date: 19/01/2004 08:00:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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