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Fri 6 Aug 2004, 9:01 Cautionary announcement
Spescom Limited - Cautionary announcement                                       
Spescom Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/001083/06)                                            
Share code: SPS    ISIN code: ZAE 000017919                                     
(`the company`)                                                                 
Cautionary announcement                                                         
Shareholders of the company are advised that the company has entered into       
discussions, which, if successfully concluded, may have a material effect on the
price at which the company`s securities trade on the JSE Securities Exchange    
South Africa.  Accordingly, shareholders of the company are advised to exercise 
caution when dealing in the company`s securities until a further announcement is
made.                                                                           
Johannesburg                                                                    
6 August 2004                                                                   
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 06/08/2004 08:42:12 AM        
Produced by the JSE SENS Department
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