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Thu 5 Feb 2004, 10:32 TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Basil Read Holdings Limited - Trading Statement And Cautionary Announcement     
Basil Read Holdings Limited                                                     
Incorporated in the Republic of South Africa                                    
Registration number 1984/007758/07                                              
Share code: BSR ISIN: ZAE 000029781                                             
("Basil Read" or "the company")                                                 
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
Shareholders are hereby notified that Basil Read"s results for the year-ended 31
December 2003 could be substantially higher than the audited results for the    
year-ended 31 December 2002 ("substantially" being an increase of 30% or more as
defined by the Listings Requirements of the JSE Securities Exchange South       
Africa).  The results for the year-ended 31 December 2003 have not been reviewed
and reported on by Basil Read"s auditors, and therefore shareholders are advised
to exercise caution when dealing in the company"s shares until the publication  
of the year-end results on or about 5 March 2004.                               
Johannesburg                                                                    
5 February 2004                                                                 
Sponsor                                                                         
Bridge Capital Services (Proprietary) Limited
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