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Fri 19 Mar 2004, 13:01 TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
ASTRAL FOODS LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT               
  ASTRAL FOODS LIMITED                                                            
  ("Astral Foods" or "the company")                                               
  Share Code: ARL                                                                 
  ISIN: ZAE000029757                                                              
  Registration number: 1978/003194/06                                             
  TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      
  Shareholders are advised that Astral Foods" results for the six months ended 31 
  March 2004, which is to be released on SENS on or about 21 May 2004, are        
  expected to exceed management"s expectations and headline earnings is expected  
  to be materially (in terms of the JSE Securities Exchange South Africa Listings 
  Requirements materially means between 10% and 30%) higher than the headline     
  earnings as reported in the previous comparative financial period.              
  As these results have not been reviewed by the company"s auditors, shareholders 
  are advised to exercise caution when dealing in Astral Food"s shares on the JSE 
  Securities Exchange South Africa until the results for the six months ended 31  
  March 2004 are published.                                                       
  Pretoria                                                                        
  19 March 2004                                                                   
  Sponsor                                                                         
  HSBC Investment Services (Africa) (Pty) Limited                                 
  Date: 19/03/2004 11:05:08 AM Produced by the JSE SENS Department
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