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Mon 16 Aug 2004, 12:23 Implementation of Disposal by Dorbyl of Property
Dorbyl Limited - Implementation of Disposal by Dorbyl of Property in Isando     
DORBYL LIMITED                                                                  
(Incorporated in the Republic of SA)                                            
(Registration Number 1911/001510/06)                                            
(Share Code:  DLV                  ISIN:  ZAE000002184)                         
(`Dorbyl` or `the Group`)                                                       
Implementation of Disposal by Dorbyl of Property in Isando                      
Shareholders were advised, by way of an announcement on SENS on 18 March 2004   
and a press announcement published on 19 March 2004, that Dorbyl had disposed of
Portion 1 of Erf 509, Isando Extension 4, Gauteng, comprising industrial        
property with factories, warehouses and offices thereon, subject to the         
fulfilment of certain conditions precedent (`the disposal`).                    
Shareholders are now advised that all conditions precedent to the disposal have 
now been fulfilled and the disposal has been implemented.                       
Johannesburg                                                                    
16 August 2004                                                                  
Sponsor                                                                         
PSG Capital                                                                     
Date: 16/08/2004 12:05:03 PM                    
Produced by the JSE SENS Department
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