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Mon 19 Apr 2004, 17:36 Cargo Carriers Limited - Trading Update And Cautio
Cargo Carriers Limited - Trading Update And Cautionary Announcement             
CARGO CARRIERS LIMITED                                                          
(Registration No (1959/003254/06)                                               
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("CCL" or "the Company")                                                        
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      
Shareholders are advised that CCL"s earnings and headline earnings for the year 
ended 29 February 2004 will be substantially higher ("substantially" being an   
increase of greater than 30% as defined in the revised JSE Securities Exchange  
South Africa ("JSE") Listings Requirements) than the audited results of the     
prior comparative period.                                                       
The earnings and headline earnings for the year ended 29 February 2004 have not 
been reviewed and reported on by CCL"s auditors. Shareholders are advised to    
exercise caution when dealing in the Company"s securities on the JSE until the  
audited results for the year ended 29 February 2004 are published on or about 11
May 2004.                                                                       
Elandsfontein                                                                   
20 April 2004                                                                   
Sponsor                                                                         
LPC Manhattan Sponsors
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