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Fri 28 May 2004, 8:10 Posting of IST"s annual financial statements
IST - Posting of IST`s annual financial statements and information regarding the
        annual general meeting                                                    
  IST GROUP LIMITED                                                               
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/011521/06)                                            
  Share code:  IST      ISIN:  ZAE000015798                                       
  (`IST` or `the company`)                                                        
  Posting of IST`s annual financial statements and information regarding the      
  annual general meeting                                                          
  1.   Posting of annual financial statements                                     
       Further to IST`s reviewed results for the year ended 29 February 2004,     
  shareholders are advised that the annual financial statements have been    
       despatched today and contain no modifications to the reviewed results which
       were published on Wednesday, 21 April 2004.                                
  2.   Information regarding the annual general meeting                           
  Shareholders are advised that the sixth annual general meeting which was   
       scheduled to be held at 14:00 on Thursday, 17 June 2004 as announced on 21 
       April 2004, has been postponed to Thursday, 26 August 2004 to commence at  
       14:00 at the company`s registered office, 221 Garstfontein Road, Menlyn,   
  Pretoria. The notice convening this annual general meeting forms part of   
       the annual financial statements referred to above.                         
  Pretoria                                                                        
  28 May 2004                                                                     
  Investment bank and sponsor                                                     
  Nedbank Capital                                                                 
  Date: 28/05/2004 08:00:07 AM Produced by the JSE SENS Department
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