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Thu 1 Apr 2004, 15:20 TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
PARACON HOLDINGS LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT           
  Paracon Holdings Limited                                                        
  (Registration number 1997/008181/06)                                            
  (Incorporated in Republic of South Africa)                                      
  JSE Share code: PCN                                                             
  ISIN: ZAE000029674                                                              
  ("Paracon")                                                                     
  TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      
  Shareholders are advised that headline earnings per share for the interim period
  ended 31 March 2004 will be materially higher ("materially" being an increase   
  between 10% and 30% as defined in the revised JSE Securities Exchange South     
  Africa Listings Requirements) than those of the prior comparative period.       
  The results for the six months ended 31 March 2004 have not been reviewed and   
  reported on by Paracon"s auditors, and shareholders are therefore advised to    
  exercise caution when dealing in Paracon"s shares until the results for the six 
  months ended 31 March 2004 are released on or about 14 May 2004                 
  By order of the Board                                                           
  1 April 2004                                                                    
  Sponsor:                                                                        
  Nedbank Capital                                                                 
  Date: 01/04/2004 03:16:03 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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