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Fri 22 Oct 2004, 14:16 INDEPENDENT ANALYST REPORT ON ASTRAPAK
Astrapak - Independent Analyst Report On Astrapak                               
ASTRAPAK LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/009169/06)                                            
Share code: APK ISIN: ZAE000030938                                              
(`Astrapak` or `the Company`)                                                   
INDEPENDENT ANALYST REPORT ON ASTRAPAK                                          
The directors of Astrapak would like to inform all interested parties that Mark 
Ingham, an analyst with an in-depth knowledge of the packaging industry, has    
completed an in-depth independent research report on the Company. The report can
be viewed on the Astrapak website (www.astrapak.co.za) under `Investor          
Information` or be requested from Janet Adkins on telephone number 011-7845577  
or via e-mail request to janet@astrapak.co.za. The report is also available at  
the registered offices of the Company in hard copy or, on request, an electronic
version can be provided via e-mail.                                             
22 October 2004                                                                 
Sandton                                                                         
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 22/10/2004 12:59:04 PM             
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