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Tue 8 Jun 2004, 16:06 TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
BASIL READ HOLDINGS LIMITED - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT     
  Basil Read Holdings Limited                                                     
  Incorporated in the Republic of South Africa                                    
  Registration number 1984/007758/07                                              
  Share code: BSR ISIN: ZAE 000029781                                             
  (`Basil Read` or `the company`)                                                 
  TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
  Shareholders are hereby notified that Basil Read`s results for the six months   
  ending 30 June 2004 could be substantially lower than the unaudited results for 
  the six months ended 30 June 2003 (`substantially` being an decrease of 30% or  
  more as defined by the Listings Requirements of the JSE Securities Exchange     
  South Africa).  The results for the six months ending 30 June 2004 have not been
  reviewed and reported on by Basil Read`s auditors, and therefore shareholders   
  are advised to exercise caution when dealing in the company`s shares until the  
  publication of the interim results.                                             
  Johannesburg                                                                    
  8 June 2004                                                                     
  Sponsor                                                                         
  Bridge Capital Services (Proprietary) Limited                                   
  Date: 08/06/2004 03:15:03 PM Produced by the JSE SENS Department                
                                                                                  
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