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Kairos-further Cautionary Announcement 

Release Date: 14/07/2004 16:27:03      Code(s): KIR        
Kairos-Further cautionary announcement                                          
Kairos Industrial Holdings Limited                                              
Incorporated in the Republic of South Africa                                    
(Registration number 1987/002927/06)                                            
(`Kairos` or `the company`)                                                     
Share Code KIR                                                                  
ISIN       ZAE000011284                                                         
Further cautionary announcement                                                 
Further to the cautionary announcement dated 31 May 2004, shareholders are      
reminded that Kairos is in the process of implementing a Black Economic         
Empowerment Initiative.                                                         
Accordingly, shareholders are advised to continue exercising caution when       
dealing in the company`s securities until a further announcement is made.       
Pretoria                                                                        
15 July 2004                                                                    
Sponsor: Bridge Capital Services (Pty) Limited                                  

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