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Wed 1 Sep 2004, 11:07 FURTHER CAUTIONARY ANNOUNCEMENT
THE YORK TIMBER ORGANISATION LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT          
The York Timber Organisation Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1916/004890/06)                                            
Share code YRK   ISIN ZAE000008108                                              
(`Yorkcor` or `the company`)                                                    
Further cautionary announcement                                                 
Shareholders are referred to the cautionary announcement published on SENS on 5 
July 2004 wherein it was advised that the company had reached agreement-in-     
principle to acquire a forestry asset in line with its strategic plan outlined  
in its annual report for 2003. The company remains in these acquisition         
negotiations which, if consummated, could have an effect on the price of the    
company`s securities.                                                           
Accordingly, shareholders are advised to exercise caution in dealing in their   
shares until a further announcement is made.                                    
Pretoria                                                                        
1 September 2004                                                                
SPONSOR                                                                         
SASFIN CORPORATE FINANCE                                                        
A division of Sasfin Bank Limited                                               
Date: 01/09/2004 11:00:09 AM                   
Produced by the JSE SENS Department
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