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Tue 31 Aug 2004, 12:55 TRADING STATEMENT
FAMOUS BRANDS LIMITED - TRADING STATEMENT                                       FAMOUS BRANDS LIMITED                                                           (Incorporated in the Republic of South Africa)                                  (Registration number 1969 / 004875 / 06)                                        (Previously Steers Holdings Limited)                                            Share code FBR                                                                  ISIN code ZAE0000053328                                                         (`Famous Brands` or `the company`)                                              TRADING STATEMENT                                                               In terms of the Listings Requirements of the JSE Securities Exchange South      Africa (`JSE Listings Requirements`), Famous Brands advises that headline       earnings per share for the six months ended 31 August 2004 will be between 50%  and 70% greater than headline earnings per share reported for the six months    ended 31 August 2003.                                                           This improvement is primarily due to the following factors:                     The company continues to experience buoyant trading conditions with both the    Franchising and Food Services Divisions continuing to record growth trends whichare ahead of inflation.                                                         Included in the results for the current reporting period are the earnings from  the Wimpy and Whistle Stop franchise network arising from the acquisition of    Pleasure Foods (Pty) Ltd on 1 December 2003.                                    The integration of and synergies arising from the acquisition of the Pleasure   Foods business are proceeding as planned.                                       The financial results of the company and its subsidiaries have not been reviewedor reported on by the company`s auditors. The release of the company`s results  for the six months ended 31 August 2004 will be on or about 27 October 2004.    31 August 2004                                                                  Sponsor                                                                         Java Capital
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