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Wed 25 Aug 2004, 16:24 Trading Update And Cautionary Announcement
Acuity - Trading Update And Cautionary Announcement                             ACUITY GROUP HOLDINGS LIMITED                                                   (Registration number 1998/011074/06)                                            Share code: ACY ISIN: ZAE000018149                                              (`Acuity` or `the Company` or `the Group`)                                      TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT                                      Following the audit of the annual results for the 15-month period ended         30 June 2004 by the Group`s auditors, shareholders are advised that Acuity`s    results in relation to headline earnings and net asset value per share for the  said period will be substantially higher when compared to the annual results forthe period ended 31 March 2003 (`substantially` being an increase of equal to orgreater than 30%, as defined in the Listings Requirements of the JSE Securities Exchange South Africa). This increase is attributable to the management fee     accrued to the Company in respect of Avondale Ice Cream and S Roux and the CPM  Trust t/a Creamstar Ice Cream, further details of which will be set out in the  results for the period which are expected to be published by no later than 30   August 2004.                                                                    The board of directors is presently finalising their review of the Group`s      results for the period and shareholders are accordingly advised to exercise     caution when dealing in the Company`s securities until these results are        published.                                                                      25 August 2004                                                                  Pretoria                                                                        Sponsor                                                                         River Group                                                                                                                                                                                                                                      Date: 25/08/2004 03:59:25 PM Produced by the JSE SENS Department
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