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Fri 25 Jun 2004, 16:20 TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
ACUITY GROUP HOLDINGS LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT      
  Acuity Group Holdings Limited                                                   
  (Registration number 1998/011074/06)                                            
  JSE Share code: ACY                                                             
  ISIN: ZAE000018149                                                              
  (`Acuity` or `the company` or `the group`)                                      
  TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      
  Following the audit of the 12-month interim results by the Group`s auditors,    
  shareholders are advised that Acuity`s results in relation to headline earnings 
  and net asset value per share for the period ended 31 March 2004, will be       
  substantially higher (`substantially` being an increase of equal to or greater  
  than 30%, as defined in the JSE Securities Exchange South Africa`s Listings     
  Requirements), when compared to the comparative period.  This increase is       
  attributable to the management fee accrued to the company in respect of Avondale
  Ice Cream and S Roux and the CPM Trust t/a Creamstar Ice Cream, further details 
  of which are set out in the interim results which are expected to be published  
  by the 30 June 2004.                                                            
  The board of directors is presently finalising their review of the Group`s      
  results for the period and shareholders are accordingly advised to exercise     
  caution when dealing in the company`s securities until these results are        
  published.                                                                      
  25 June 2004                                                                    
  Pretoria                                                                        
  Sponsor                                                                         
  River Group                                                                     
  Date: 25/06/2004 04:13:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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