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Wed 17 Mar 2004, 13:12 Further Cautionary Announcement
Zaptronix Limited - Further Cautionary Announcement 
Release Date: 17/03/2004 12:54:22      Code(s): ZPT 
ZAPTRONIX LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                             
ZAPTRONIX LIMITED                                                               
(Registration number: 1997/014928/06)                                           
Share code: ZPT ISIN: ZAE000015145                                              
("Zaptronix" or "the company")                                                  
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are advised that the negotiations referred to in the cautionary    
announcements dated 15 August 2003, 30 October 2003 and 30 January 2004 are     
still in progress.  Successful conclusion of these negotiations may have a      
material effect on the price at which the company"s securities trade on the JSE 
Securities Exchange South Africa and shareholders are accordingly advised to    
continue to exercise caution when dealing in the company"s securities.          
Johannesburg                                                                    
17 March 2004                                                                   
Corporate Advisor   Restructuring Advisor    Sponsor                            
Radagast Capital    Gandalf Trust            LPC Manhattan                      
(Pty) Ltd                                    Sponsors (Pty)Ltd                  
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