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Fri 4 Jun 2004, 9:02 TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
APS TECHNOLOGIES LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT           
  APS Technologies Limited                                                        
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/024100/06)                                            
  JSE Share code: APE                                                             
  ISIN code: ZAE000017927                                                         
  (`APS` or the `company`)                                                        
  TRADING UPDATE AND CAUTIONARY                                                   
  In terms of the Listings Requirements of the JSE Securities Exchange South      
  Africa (`JSE`), a listed company is required to publish a trading statement as  
  soon as it becomes aware that its financial results for the next reporting      
  period will be materially different from those of the corresponding period of   
  the previous year.                                                              
  Accordingly, shareholders are advised that it is anticipated that APS`s results 
  for the six months ended 30 June 2004 will be substantially* higher than those  
  of the corresponding period of the previous year.                               
  Cautionary                                                                      
  The figures have not been reviewed by auditors, shareholders are therefore      
  advised to exercise caution when dealing in APS`s shares until the release of   
  the results for the six months ended 30 June 2004.                              
  *    `substantially` is defined in the JSE Listings Requirements as more than   
       30%.                                                                       
  Hermanus                                                                        
  3 June 2004                                                                     
  Sponsor                                                                         
  LPC Manhattan Sponsors (Pty) Limited                                            
  Date: 04/06/2004 08:58:02 AM Produced by the JSE SENS Department
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