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Global Technology Limited - Renewal Of Cautionary Announcement                  
GLOBAL TECHNOLOGY LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1996/009809/06)                                            
Share code: GLT     ISIN: ZAE000016820                                          
(`Glotec`)                                                                      
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcement dated 20 May 2004, shareholders are      
advised that the negotiations relating to the disposal of Brolink (Proprietary) 
Limited and Global Technology Insurance Systems (Proprietary) Limited and       
certain other negotiations are still in progress. Accordingly shareholders are  
advised to continue to exercise caution when trading in shares of Glotec on the 
JSE Securities Exchange South Africa until a full announcement is made.         
Johannesburg                                                                    
1 July 2004                                                                     
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Company Secretary                                                               
Arcay Client Support (Proprietary) Limited                                      
Registration number 1998/025284/07

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