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Fri 30 Jan 2004, 17:18 FURTHER ANNOUNCEMENT REGARDING DELAY IN
FAIRVEST PROPERTY HOLDINGS LIMITED - FURTHER ANNOUNCEMENT REGARDING DELAY IN    
PUBLISHING ANNUAL FINANCIAL STATEMENTS                                          
Fairvest Property Holdings Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1998/005011/06)                                               
("Fairvest" or "the company")                                                   
Share code: FVT     ISIN: ZAE000034658                                          
Further Announcement  relating to the delay in publication of Fairvest"s annual 
results                                                                         
Further to the announcement published on 22 January 2004, the directors of      
Fairvest wish to inform shareholders that the annual financial results for the  
year ended 30 September 2003 will now only be published during February 2004.   
Due to the sudden serious illness of the partner in charge of the audit of      
Fairvest, the auditors, Grant Thornton, have had to allocate new personnel to   
complete the assignment. Completion of the audit is expected in the next few    
weeks.                                                                          
The JSE Securities Exchange South Africa has informed the company that the      
shares of the company will be suspended from Monday, 2 February 2004 until such 
time as the results are published.                                              
The transaction whereby Fairvest intends to dispose of its entire property      
portfolio to Alpina Investments Limited is continuing and the circular will be  
sent to shareholders as soon as practicable.                                    
30 January 2004                                                                 
Sponsor and Corporate Finance Advisor                                           
Imara Corporate Finance South Africa  (Pty) Limited                             
Date: 30/01/2004 05:17:02 PM Supplied by www.sharenet.co.za                     
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