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Tue 27 Jul 2004, 17:17 Cautionary Announcement
Coronation Fund Managers Limited - Cautionary Announcement                      
Coronation Fund Managers Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1973/009318/06)                                           
ISIN: ZAE000047353                                                              
JSE Share code: CML                                                             
(`Coronation` or `the Company`)                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Coronation has entered into negotiations which, if
successfully concluded, may have a material effect on the price of the Company`s
securities.                                                                     
Accordingly, shareholders are advised to exercise caution when dealing in the   
Company`s securities until a full announcement is made.                         
Cape Town                                                                       
27 July 2004                                                                    
Transactional sponsor                                                           
RAND MERCHANT BANK (A division of FirstRand Bank Limited) CORPORATE FINANCE     
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 27/07/2004 05:10:02 PM                     
Produced by the JSE SENS Department
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