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Mon 30 Aug 2004, 11:31 TRADING STATEMENT
SQUARE ONE SOLUTIONS GROUP LIMITED - TRADING STATEMENT                          
SQUARE ONE SOLUTIONS GROUP LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/026822/06)                                            
Share code: SQE ISIN: ZAE000023768                                              
(`Square One` or `the company`)                                                 
TRADING STATEMENT                                                               
Shareholders are hereby notified that Square One`s results for the 6 months     
ended 30 June 2004 are expected to be substantially lower than the interim      
results for the 6 months ended 30 June 2003 (`substantially` being an decrease  
of 30% or more as defined by the Listings Requirements of the JSE Securities    
Exchange South Africa).  The results for the 6 months ended 30 June 2004 have   
not been audited and reported on by the company`s auditors.                     
Johannesburg                                                                    
30 August 2004                                                                  
Sponsor:  Bridge Capital Services (Proprietary) Limited
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