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Tue 5 Oct 2004, 14:46 WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
BASIL READ HOLDINGS LIMITED - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT             
  BASIL READ HOLDINGS LIMITED                                                     
  (Incorporated in the Republic of South Africa)                                  
  (Registration Number 1984/007758/06)                                            
  Share Code: BSR ISIN: ZAE000029781                                              
  WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
  Shareholders are referred to the cautionary announcements dated 11 June 2004, 5 
  August 2004 and 16 September 2004 and are advised that in terms of an agreement 
  between Bouygues Batiment International, Bouygues Travaux Publics, DTP          
  Terrassement and the Chavda Empowerment Consortium, the negotiations referred to
  in the previous cautionary announcements have been terminated and caution is no 
  longer required to be exercised by shareholders when dealing in their shares.   
  Johannesburg                                                                    
  5 October 2004                                                                  
  Sponsor: Bridge Capital Services (Pty) Limited                                  
  Date: 05/10/2004 02:38:28 PM Produced by the JSE SENS Department                
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