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Mon 19 Jul 2004, 14:40 AVASA HOLDINGS LIMITED - CAUTIONARY ANNOUNCEMENT
AVASA HOLDINGS LIMITED - CAUTIONARY ANNOUNCEMENT                                
  AVASA HOLDINGS LIMITED                                                          
  Incorporated in the Republic of South Africa)                                   
  (Registration number 1998/013637/06)                                            
  Share code: AVA       ISIN ZAE 000040622                                        
  `AVASA` or `the Company`)                                                       
  CAUTIONARY ANNOUNCEMENT                                                         
  Java Capital (Proprietary) Limited is authorised to announce that AVASA has     
  entered into negotiations which, if successfully concluded, may have a material 
  effect on the price of AVASA`s securities. Accordingly, holders of AVASA`s      
  securities are advised to exercise caution when dealing in such securities until
  a full announcement is made.                                                    
  The negotiations are unrelated to the African Harvest Capital (Proprietary)     
  Limited transaction which is still the subject of an arbitration.               
  Rosebank                                                                        
  19 July 2004                                                                    
  Sponsor and corporate advisor                                                   
  Java Capital                                                                    
  Date: 19/07/2004 02:10:18 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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